Nazara Tech posts Rs53m consolidated PAT in Q1FY22

MUMBAI: Mumbai-based gaming company Nazara Technologies Ltd has reported financial results for the period ended June 30, 2021.

The company has reported total income of Rs 136.1 crores (Rs 1.361 billion) during the period ended June 30, 2021 as compared to Rs 125.6 crores during the period ended March 31, 2021.

The company has posted net profit of Rs 5.3 crores (Rs 53 million) for the period ended June 30, 2021 as against net profit of Rs 3.2 crores for the period ended March 31, 2021. In the corresponding period of the previous fiscal, Nazara had posted a net loss Rs 27.9 crores

The company has reported EPS of Rs 1.73 for the period ended June 30, 2021 as compared to Re 1 for the period ended March 31, 2021.

Nazara Technologies operates popular mobile gaming titles such as World Cricket Championship (WCC), CarromClash, and World Table Tennis Championship, among several other games for children. The firm also owns stakes in sports content platform Sportskeeda and startups such as esports company Nodwin Gaming, Halaplay and Qunami. 

(100 crore = 1 billion)

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