Nazara Technologies: Nazara swings to Rs 35 crore net profit as revenues rise 53%

Nazara Technologies: Nazara swings to Rs 35 crore net profit as revenues rise 53%



Gaming company Nazara Technologies’ revenue jumped 53% year-on-year (YoY) to Rs 803 crore in the September quarter, driven by higher sales in its gaming division, which includes popular titles such as “World Cricket Championship” and “Human: Fall Flat”.The company also swung to a net profit of Rs 35 crore compared to a loss of Rs 34 crore in the year-ago quarter, which was impacted by provisions against investments in real-money gaming companies



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