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)
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.
