Considered and approved the re-appointment and remuneration of Mr. Sandeep Jairath (DIN: 05300460) as a Whole Time Director cum Chief Financial Officer of the Company, for a period of three ....
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Media Matrix Worldwide's board, at its August 13, 2025 meeting, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, total income stood at Rs. 23,487.22 lakhs with a net profit of Rs. 181.21 lakhs (EPS of Rs. 0.0131), helped by a Rs. 5,093.77 lakh gain from fair value revaluation of investments held by subsidiary nexG Devices. On a standalone basis, total income was Rs. 138.28 lakhs and net profit Rs. 64.95 lakhs. The board also approved shifting the registered office from Mumbai (Maharashtra) to Gurugram (Haryana), subject to shareholder and regulatory approvals. Additionally, Mr. Sandeep Jairath (DIN: 05300460) was re-appointed as Whole Time Director cum CFO for three years starting May 25, 2026, pending shareholder approval. The company remains registered as an NBFC with RBI and has applied for deregistration.
The results show a strong top-line on a consolidated basis driven by subsidiary trading operations, though core profitability is modest and largely supported by a one-time investment valuation gain. The registered office shift to Gurugram signals a strategic realignment with operational base. Re-appointment of the existing CFO provides leadership continuity, generally a neutral-to-positive signal for governance stability.