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Nazara Technologies reports 54% decline in Q3 consolidated net profit

14 Feb 2025 Evaluate

Nazara Technologies has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The company has reported 71.63% decline in its net profit at Rs 1.64 crore for Q3FY25 as compared to Rs 5.78 crore for the same quarter in the previous year. However, total income of the company increased by 23.43% at Rs 22.34 crore for Q3FY25 as compared to Rs 18.10 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 53.66% decline in its net profit at Rs 13.68 crore for the quarter ended December 31, 2024 as compared to Rs 29.52 crore for the same quarter in the previous year. However, total income of the company increased by 64.54% at Rs 556.63 crore for Q3FY25 as compared to Rs 338.30 crore for the corresponding quarter previous year.

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