Tech
Nazara Technologies Q4 revenue nearly doubles; net profit rises to Rs 4 crore
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Online gaming firm Nazara Technologies posted a 95% year-on-year (YoY) jump in operating revenue to Rs 520.2 crore for the fourth quarter of FY25, even as total expenses surged amid rising marketing and employee costs.
The Mumbai-headquartered company reported a net profit of Rs 4 crore for the quarter ended March 31, compared to Rs 0.18 crore in the same period last year.
Expenses and segment performance
Total expenses rose 85% YoY to Rs 527.7 crore, led by a more than threefold increase in advertising and promotional spending, which soared to Rs…
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