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News Details

( As on 12/11/2025 20:13)

Nazara Technologies posts Q2 net loss of Rs 966.95 cr

The company reported standalone net loss during the quarter stood at Rs 966.95 crore compared to net profit of Rs 12.73 crore in the previous year quarter.ÿ

Net revenue of the company rose triple digit by 168.15 per cent at Rs 18.02 crore in July-September quarter of this fiscal as against Rs 6.72 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 209.57 per cent to Rs 37.52 crore from Rs 12.12 crore in year ago period.

Other Income dipped by 10.38 per cent at Rs 15.98 crore versus (Sep'24 Rs 17.83 crore).

Operating Profit surged by 261.11 per cent to Rs -19.50 crore as against Rs -5.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.66 per cent in September quarter.

Interest grew by 561.54 per cent y-o-y to Rs 0.86 crore, while Taxation increased by 431.43 per cent at Rs -5.58 crore (Sep'24 Rs -1.05 crore).