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NAZARA PROFIT GROWTH
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Gaming firm Nazara’s Q4 revenue down 23%, profit jumps 13xNazara Technologies reported a 23% revenue decline to Rs 398 crore in Q4FY26, but saw net profit surge over 13x to Rs 56 crore, boosted by ...
Nazara Technologies to raise Rs 500 crore via preferential warrant issueThe gaming company plans to issue warrants at Rs 260 apiece. The round saw participation from Riambel Capital, S Gupta Family Investments, ...
Block Deal: Morgan Stanley buys Rs 69 crore stake in Nazara TechnologiesMorgan Stanley Asia Singapore bought shares worth ₹69.2 crore in Nazara Technologies through a block deal, acquiring 28.85 lakh shares from...
Nazara Technologies shares fall 4% after Q3 profit slumps 35% to Rs 9 croreNazara Technologies' shares dipped after reporting a 24% YoY decline in Q3 operating revenue to Rs 405.9 crore, primarily due to the decons...
Nazara Technologies shares in focus after Q4 revenue nearly doubles; net profit surges to Rs 4 croreNazara Technologies’ Q4FY25 revenue nearly doubled to Rs 520.2 crore, with net profit rising to Rs 4 crore. Despite higher marketing and em...
Nazara Technologies Q4 revenue nearly doubles; net profit rises to Rs 4 croreNitish Mittersain, CEO of the online gaming company, said Nazara expects greater contribution from high-margin gaming businesses this year,...
Nazara Tech Q4 results: Cons PAT doubles YoY to Rs 16 crore, revenue rises by 95%Nazara Technologies posted 90% YoY profit growth in Q4FY25 at ₹16 crore, with revenue surging 95%. FY25 EBITDA hit a record ₹153.5 crore, d...
Nazara Technologies invests Rs 196 crore in new startups, subsidiariesThe Mumbai-based online gaming company has acquired a 60% stake in indoor play centre startup Funky Monkeys Play for Rs 43.7 crore and inve...
Nazara Tech promoter sells over 6% stake in block dealMitter Infotech LLP sells 6.38% stake in Nazara Technologies to Plutus Wealth Management, providing liquidity for promoters while retaining...
Nazara Tech to raise Rs 100 crore from Zerodha’s Nikhil Kamath; shares soar 12%Shares of Nazara Technologies jumped over 12% to hit a 52-week high of Rs 854 on the NSE on Monday after the company approved preferential ...
Nazara’s Sportskeeda buys NFL-focused platform Pro Football Network for $1.8 millionNazara Technologies has acquired a 73.3% stake in Pro Football Network (PFN) through subsidiary Absolute Sports for $1.82 million. The acqu...
Nazara Technologies CEO Manish Agarwal to step downNitish Mittersain, joint managing director of Nazara Technologies will return to the role Chief Executive Officer following Agarwal's resig...
Rakesh Jhunjhunwala-backed Nazara Tech now a leading gaming companyAs the Indian game developers begin to expand their global footprint, shares of ace investor Rakesh Jhunjhunwala-backed online gaming compa...
Nazara has no margin pressure. We are prioritising growth over margins: Nitish Mittersain“Given that the whole scale of the real money gaming business in India is very large, the opportunity for Nazara to consolidate and scale t...
Nazara Q2 results: Net profit rises 9.8% to Rs 15 crNazara's revenue during the reported quarter jumped 17.8 per cent to Rs 129.6 crore, compared with Rs 110 crore in the year-ago period.
Nazara Technologies Q1 results: Co posts net profit at Rs 14 crIts revenue during April-June 2021 jumped 45 per cent to Rs 131.2 crore, compared with Rs 90.5 crore in the year-ago period.
Rakesh Jhunjhunwala-backed Nazara gets 'sell' rating from CLSA. Here's whyCLSA said Nazara, as India’s first listed gaming company, carries a hefty scarcity premium of three times to its India coverage and 10-75 p...
Ace investor Rakesh Jhunjhunwala picks up stake in Nazara in first digital betJhunjhunwala’s investment is expected to give a leg up to Nazara’s upcoming public offering scheduled for the middle of next year.