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Nazara Technologies reports 31% rise in Q3 consolidated net profit

25 Jan 2023 Evaluate

Nazara Technologies has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net profit at Rs 2.20 crore for the quarter under review as compared to net loss of Rs 2.40 crore for the same quarter in the previous year. Total income of the company increased 56.79% at Rs 12.70 crore for Q3FY23 as compared to Rs 8.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 30.99% in its net profit at Rs 22.40 crore for the quarter under review as compared to Rs 17.10 crore for the same quarter in the previous year. Total income of the company increased 71.92% at Rs 326.30 crore for Q3FY23 as compared to Rs 189.80 crore for the corresponding quarter previous year.

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