Standalone net loss widens to Rs 1.25 cr as revenue stays at zero
Costs rose 40.00% QoQ and interest rose 2.56%, while the prior quarter's tax benefit disappeared.
Filed 03 Nov 2026, 12:41 IST · Next Mediaworks Ltd (NEXTMEDIA)
Key takeaways
- With revenue at Rs 0.00 cr, a 40.00% QoQ rise in expenses drove operating loss to Rs 0.07 cr.
- Net loss widened 42.05% QoQ to Rs 1.25 cr as interest rose 2.56% and the tax rate fell 22.12 percentage points.
- Other income contributed only -1.60% of pre-tax loss, leaving interest of Rs 1.20 cr as the main drag below operating profit.
Price around the results
Zero revenue left costs unsupported
Next Mediaworks' standalone revenue remained at Rs 0.00 cr in Q2FY27. Expenses rose 40.00% QoQ to Rs 0.07 cr despite no revenue, widening the operating loss by 40.00% to Rs 0.07 cr.
Interest and tax changes deepened the loss
Interest increased 2.56% QoQ to Rs 1.20 cr, adding to the operating loss and taking the company to a pre-tax loss of Rs 1.25 cr. The tax rate fell 22.12 percentage points to 0.00% as the prior quarter's Rs 0.25 cr tax benefit was absent, so there was no offset to the loss. Other income fell 77.78% QoQ to Rs 0.02 cr and represented -1.60% of pre-tax loss.
Loss widened for a second reported quarter
Compared with Q1FY27, net loss widened 42.05% and EPS deteriorated from Rs -0.13 to Rs -0.19. The available quarterly trend shows the business moving from a Rs 0.05 cr operating loss in Q1FY27 to a Rs 0.07 cr loss in Q2FY27, with interest also rising from Rs 1.17 cr to Rs 1.20 cr.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹0 cr | ₹0 cr | — |
| Other income | ₹0 cr | ₹0 cr | -77.78% |
| Expenses | ₹0 cr | ₹0 cr | +40.00% |
| Operating profit | ₹-0 cr | ₹-0 cr | -40.00% |
| Interest | ₹1 cr | ₹1 cr | +2.56% |
| Depreciation | ₹0 cr | ₹0 cr | — |
| Profit before tax | ₹-1 cr | ₹-1 cr | -10.62% |
| Tax | ₹0 cr | ₹-0 cr | — |
| Net profit | ₹-1 cr | ₹-1 cr | -42.05% |
| EPS (₹) | ₹-0.19 | ₹-0.13 | -46.15% |
What to watch
- Whether revenue moves above Rs 0.00 cr.
- Whether expenses reverse the 40.00% QoQ increase.
- Whether interest stays near Rs 1.20 cr and the tax rate remains at 0.00%.