Shifting of Registered office of the Company from A/308, Dynasty Business Park CHS LTD, A K Road, Opp. Sangam Cinema, NR, Kohinoor Hotel, Andheri (East), Mumbai - 400059, Maharashtra to ....
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Media Matrix Worldwide Ltd's board, meeting on August 13, 2025, approved three key items. First, unaudited financial results for Q1 FY26 (quarter ended June 30, 2025): standalone net profit rose to Rs. 64.95 lakhs (from Rs. 59.04 lakhs in Q1 FY25) on total income of Rs. 138.28 lakhs. Consolidated net profit stood at Rs. 181.21 lakhs, with total comprehensive income of Rs. 5,274.77 lakhs, largely driven by a Rs. 5,093.77 lakh fair value gain on investments held by subsidiary nexG Devices. Second, the board approved shifting the registered office from Andheri (East), Mumbai (Maharashtra) to Sector 32, Gurugram (Haryana), subject to shareholder and central government approval. Third, Mr. Sandeep Jairath was re-appointed as Whole Time Director-cum-CFO for three years from May 25, 2026 to May 24, 2029, pending shareholder approval. The company's statutory auditors SGN & Co. issued unqualified limited review reports on both standalone and consolidated results.
The consolidated profit turnaround from a Rs. 47.70 lakh loss in Q4 FY25 to Rs. 181.21 lakh profit in Q1 FY26 is encouraging, though the bulk of comprehensive income comes from a non-cash fair value mark-up on investments rather than operations. The office shift to Gurugram aligns the registered office with the existing corporate office and may streamline governance; the CFO re-appointment provides management continuity for retail shareholders.