Nazara Technologies' Q1 Profit Soars by 13%, Reaching Rs. 236 Crore
A Rise in Net Income Amid Revenue Decline
Gaming and sports media giant Nazara Technologies has announced an impressive performance for the first quarter of fiscal year 2025 (Q1 FY25), reporting a net profit of Rs. 236 crore. This represents a significant 13% growth year-over-year (YoY) compared to the Rs. 210 crore net profit in Q1 FY24.
Consolidated Revenue and Expenses
While Nazara Technologies experienced a modest decline in its consolidated revenue for Q1 FY25, the company's total revenue still amounted to a substantial Rs. 2,409 crore. Despite the revenue decline, the company managed to contain its total expenses, resulting in a higher net profit margin.
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