Nazara Technologies Q4 Result Announced

Digital gaming and sports platform Nazara Technologies on Friday has announced its performance in the quarter.

Nazara Technologies posted an about 17 percent increase in consolidated profit to Rs 4.9 crore for the quarter ended March 2022. 

Nazara Technologies Q4- Increase in Profits

Nazara Technologies Q4- Previous Year

The Nazara Technologies company had logged a profit of Rs 4.2 crore in the same period a year ago

Revenue from operations increased by about 42 percent to Rs 175.1 crore during the reported quarter from Rs 123.4 crore.

Nazara Technologies Q4- Revenue Increased

Nazara Technologies Q4- What CEO Said

I am glad to report that we have surpassed our revenue and EBITDA guidance for FY22 said CEO Manish Agarwal.

In March 31, 2022, Nazara Technologies’ profit jumped over three-fold to Rs 50.7 crore from Rs 13.6 crore a year ago. 

Nazara Technologies Q4- Three Fold Profit

Nazara Technologies Q4- 1:1 Bonus Issuance

To celebrate the first anniversary of being a listed company, we are happy to declare a 1:1 bonus issuance of shares,

Shares of Nazara closed at Rs 1,244.35 apiece, up by 13.48 percent compared to the previous close, at the BSE on Friday.

Nazara Technologies Q4- Share Price

Nazara Technologies Q4- Swipe Up!!!

Swipe up for More WebStories related to Tchnology, Gadgets, Finance, & Other Trending News  around the Globe.