Media Matrix Worldwide Ltd has issued a corporate guarantee of ₹25 crore to secure fund-based credit facilities for its subsidiary, nexG Devices Private Limited. The transaction was disclosed on August 26, 2026.

Media Matrix Worldwide executed a Deed of Corporate Guarantee in favour of Jio Credit Limited (formerly known as Jio Finance Limited). The guarantee supports the credit lines availed or to be availed by nexG.

Transaction Details

The company holds 56.78% of the paid-up share capital of nexG. The subsidiary operates as a distribution and logistics firm with a pan-India footprint, specializing in mobility and IT products across modern trade, general trade, and online channels.

Regulatory and Financial Impact

The disclosure was made under Regulation 30 of the SEBI Listing Regulations, 2015. The company confirmed that the promoter group has no interest in the transaction beyond its shareholding in nexG and that the guarantee was provided at arm’s length.

The ₹25 crore guarantee will be recorded as contingent liabilities in the financial statements of Media Matrix Worldwide. No other financial metrics or operational results were disclosed in this filing.

Media Matrix Worldwide Limited reported robust financial performance for the first quarter of the fiscal year 2026-27 (Q1FY27), driven by a substantial increase in revenue and profitability. The company logged revenue of ₹4.3 billion, a marked improvement from the ₹2.3 billion recorded in the same period last year. This top-line growth was accompanied by a doubling of net profit, which stood at ₹36 million versus ₹18 million year-on-year.

The results indicate strong operational momentum for the media firm, with both key financial metrics showing significant year-on-year expansion. The increase in revenue suggests higher demand or successful monetization strategies during the quarter, while the proportional rise in net profit points to effective cost management or improved operating leverage.

Regulatory Compliance and Disclosure

The unaudited financial results for the quarter ended June 30, 2026, were considered and approved by the Board of Directors in its meeting held on August 13, 2026. In compliance with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the results in newspapers on August 15, 2026.

The publications appeared in:

• Financial Express (All Editions) - English
• Jansatta (New Delhi) - Hindi

The submission was made to BSE Limited under Security Code No: 512267, referencing Regulation 30 and 47 of the SEBI Listing Regulations. Mohd Sagir, Company Secretary, digitally signed the disclosure.

What the Numbers Show

A notable observation from the filing is the alignment between revenue growth and profit expansion. With revenue nearly doubling (an approximate 87% increase based on disclosed figures) and net profit also doubling (a 100% increase), the company appears to have maintained or slightly improved its profit conversion efficiency. The absolute jump in net profit, though modest in scale at ₹18 million additional earnings, represents a complete doubling of the bottom line relative to the prior year's baseline.

The data reflects a positive trajectory for Media Matrix Worldwide in the opening quarter of the fiscal year.