India, Feb. 13 -- 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)
The post Nazara's Q3: Profit Halves To INR 13.7 Cr appeared first on Inc42 M...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.