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Nazara Technologies reports 98% fall in Q4 consolidated net profit

27 May 2024 Evaluate

Nazara Technologies has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net loss at Rs 105.35 crore for the quarter under review as compared to net loss of Rs 12.00 crore for the same quarter in the previous year. However, total income of the company increased by 110.59% at Rs 24.07 crore for Q4FY24 as compared Rs 11.43 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 98.08% fall in its net profit at Rs 0.18 crore for fourth quarter ended March 31, 2024 as compared to Rs 9.37 crore for the same quarter in the previous year. However, total income of the company increased by 2.15% at Rs 303.90 crore for Q4FY24 as compared Rs 297.50 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported net loss at Rs 97.50 crore as compared to net loss of Rs 23.95 crore for the previous year. However, total income of the company increased by 36.53% at Rs 67.87 crore for year under review as compared to Rs 49.71 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 21.78% rise in its net profit at Rs 74.75 crore as compared to Rs 61.38 crore for the previous year. Total income of the company increased by 6.79% at Rs 1217.91 crore for year under review as compared to Rs 1140.50 crore for year ended March 31, 2023.

Nazara Technologies Share Price

273.80 12.85 (4.92%)
17-Apr-2026 16:59 View Price Chart
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