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)

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