India, Feb. 14 -- GCL Global Holdings Ltd. (GCL), a provider of games and entertainment, on Friday reported a narrower net loss for the first half, helped by higher revenues, primarily driven by console games and game code sales.
For the six-month period to September 30, 2024, GCL posted a net loss of $512,287 or $0.02 per share, compared with a net loss of $1.530 million or $0.06 per share, registered for the same period last year.
Loss before income taxes narrowed to $812,886 from the prior year's $1.846 million. The benefit for income taxes was $10,444 as against an expense of $16,168 in 2023.
Loss from operations stood at $1.080 million, compared with a loss of $2.006 million a year ago. Excluding items, EBITDA increased to $1.471 mi...