FilingReader Intelligence

Media Matrix Worldwide sees mixed profits, outlines AGM details

September 5, 2025 at 10:40 AM UTCBy FilingReader AI

Media Matrix Worldwide Limited reported a standalone net profit of ₹215.76 Lakhs for FY25, an increase from ₹128.53 Lakhs in FY24. Consolidated net profit, however, decreased to ₹444.95 Lakhs from ₹704.10 Lakhs in the previous year, despite a rise in consolidated revenue to ₹1,88,702.39 Lakhs from ₹1,41,530.01 Lakhs. The company attributes this decline to increased operational, input, and logistics costs.

The 40th annual general meeting (AGM) is scheduled for September 30, 2025, at 11:00 A.M. (IST) via video conferencing. The cut-off date for e-voting eligibility is September 23, 2025. Shareholders will consider the re-appointment of Sandeep Jairath as whole-time director cum chief financial officer and M/s MZ & Associates as secretarial auditors for five consecutive financial years. The company is also proposing to shift its registered office from Maharashtra to Haryana.

Shareholders will also review material related party transactions with nexG Devices Private Limited and Media Matrix Enterprises Private Limited, with aggregate values not exceeding ₹430 crore and ₹120 crore, respectively, for each entity. The company aims to enhance productivity and profits through product diversification, channel expansion, and operational efficiency measures.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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