Nazara Technologies’ consolidated net profit declined 53.5% to INR 13.7 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) from INR 29.5 Cr
On a sequential basis, profit declined 15.4% from INR 16.2 Cr
Operating revenue zoomed 66.8% to INR 534.7 Cr during the quarter INR 320.4 Cr in Q3 FY24
Gaming major Nazara Technologies’ consolidated net profit declined 53.5% to INR 13.7 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) from INR 29.5 Cr in the year-ago quarter.
On a sequential basis, profit declined 15.4% from INR 16.2 Cr.
Operating revenue zoomed 66.8% to INR 534.7 Cr during the quarter from INR 320.4 Cr in Q3 FY24. On a quarter-on-quarter (QoQ) basis, it increased 67.7% from INR 318.9 Cr.
The gaming major’s total expenses during the quarter under review grew 76.2% to INR 530.9 Cr from INR 301.3 Cr in the year-ago quarter. On a QoQ basis, expenses rose 65.2% from INR 321.3 Cr.
(The story will be updated soon)