Next Mediaworks Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Next Mediaworks Ltd reported a 21.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4.1%.
- Its expenses for the quarter were up by 4.0% QoQ and down 0.2% YoY.
- The net profit decreased 17.5% QoQ and increased 7.5% YoY.
- The earnings per share (EPS) of Next Mediaworks Ltd declined at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 11.24 | 9.22 | 11.72 | 21.9% | -4.1% |
Total Expenses | 17.56 | 16.88 | 17.60 | 4.0% | -0.2% |
Profit Before Tax | -6.32 | -7.66 | -5.88 | -17.5% | 7.5% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -6.32 | -7.66 | -5.88 | -17.5% | 7.5% |
Earnings Per Share | -0.60 | -0.70 | -0.50 | -14.3% | 20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Next Mediaworks Ltd is a company operating in the media and entertainment industry. It primarily engages in radio broadcasting, and its main product offering is FM radio services under the brand name 'Radio One.' The company has been part of the growing media sector in India, focusing on providing entertainment and information through its radio network. As of the latest available information, there have been no significant developments or changes reported for the company. It continues to operate within the competitive landscape of the Indian radio industry, which includes both national and regional players.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Next Mediaworks Ltd reported a total income of ₹11.24 crores. This represents a quarter-over-quarter (QoQ) increase of 21.9% from ₹9.22 crores in Q2FY25. However, on a year-over-year (YoY) basis, there was a decline of 4.1% compared to ₹11.72 crores in Q3FY24. These figures reflect the company's revenue performance trends over the recent quarters, with a notable increase in the most recent quarter but a slight decrease compared to the same period last year.
Profitability
For Q3FY25, the company recorded a profit before tax of -₹6.32 crores, an improvement from -₹7.66 crores in Q2FY25, showing a 17.5% reduction in losses QoQ. Compared to Q3FY24, where the profit before tax was -₹5.88 crores, there was a YoY increase in losses of 7.5%. The company did not incur any tax expenses during these periods, resulting in the profit after tax mirroring the profit before tax figures. Earnings per share for Q3FY25 were reported at -₹0.60, compared to -₹0.70 in Q2FY25, indicating a 14.3% improvement QoQ. However, there was a 20.0% decline YoY from -₹0.50 in Q3FY24.
Operating Metrics
Total expenses for Q3FY25 stood at ₹17.56 crores, which is a 4.0% increase QoQ from ₹16.88 crores in Q2FY25 and a slight 0.2% decrease YoY from ₹17.60 crores in Q3FY24. These numbers reflect the company's expenditure trends over the referenced periods, demonstrating a marginal reduction in expenses compared to the previous year and a moderate increase from the previous quarter. The company's financial performance reflects its operational dynamics within the media and entertainment sector, focusing on maintaining its radio broadcasting services amidst fluctuating income and expenditure levels.
