GamesKraft’s FY24 Profit Slips 11% To INR 947 Cr

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SUMMARY

Gameskraft’s revenue from operations grew 30% year-on-year to INR 3,474.9 Cr in FY24 from INR 2,672.7 Cr in FY23

Gameskraft’s total expenses saw a sharp 72% year-on-year increase to INR 2,232.5 Cr in FY24 from INR 1,300.7 Cr in FY23

The startup’s advertising expenses saw a sharp rise of 113% to INR 1,314.82 Cr in FY23

Real money gaming startup GamesKraft’s net profit declined 10.8% to INR 946.9 Cr in the financial year 2023-24 (FY24) from INR 1,061.9 Cr in FY23 amid changes in taxation, GST notices, and legal…



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GamesKraft’s FY24 Profit Slips 11% To INR 947 Cr


SUMMARY

Gameskraft’s revenue from operations grew 30% year-on-year to INR 3,474.9 Cr in FY24 from INR 2,672.7 Cr in FY23

Gameskraft’s total expenses saw a sharp 72% year-on-year increase to INR 2,232.5 Cr in FY24 from INR 1,300.7 Cr in FY23

The startup’s advertising expenses saw a sharp rise of 113% to INR 1,314.82 Cr in FY23

Real money gaming startup GamesKraft’s net profit declined 10.8% to INR 946.9 Cr in the financial year 2023-24 (FY24) from INR 1,061.9 Cr in FY23 amid changes in taxation, GST notices, and legal…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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