India, Aug. 12 -- Gaming giant Nazara's net profit more than doubled to INR 51.3 Cr in Q1 FY26 from INR 23.6 Cr in the same quarter last year. Sequentially, profit skyrocketed from INR 4 Cr.
It is pertinent to note that Q1 profit included numbers from continuing as well as discontinued operations. While the company posted a profit of INR 36.4 Cr from continuing operations, the profit from discontinued operations stood at INR 14.9 Cr.
Meanwhile, the company's operating revenue also doubled to INR 498 Cr during the quarter under review from INR 250 Cr in Q1 FY25. On a QoQ basis, revenue declined 4.1% from INR 520 Cr.
(The story will be updated soon)
The post Nazara Q1: Profit Skyrockets 117% To INR 51.3 Cr appeared first on Inc42 Media....
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