Nazara Technologies Crosses INR 1,000 Cr Revenue Mark In FY23

10 May 2023

• Revenue from operations zoomed 75% to INR 1,091 Cr in FY23 from INR 621.7 Cr in the previous year.
• Nazara Tech’s net profit for the quarter ended March 2023 rose to INR 9.4 Cr from INR 4.9 Cr in Q4 FY22 but declined from INR 20.1 Cr in the preceding quarter.
• The company said it would acquire an additional 19.5% stake in mobile gaming company Nextwave Multimedia for INR 15 Cr.