Next Mediaworks Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Next Mediaworks has announced a board meeting approving the audited consolidated financial results for the quarter and year ended March 31, 2025. The company swung to a consolidated PAT of INR 53.85 Cr from a loss last year, boosted by an exceptional gain of INR 78.79 Cr from loss of control over its subsidiary, Next Radio Limited. EBITDA stood positive at INR 2.22 Cr. Standalone PAT remained modest at INR 3.94 Cr. Despite negative net worth due to past losses, full financial backing from the holding company ensures stability, with no external borrowings as of year-end.