reported combined monetary outcomes for the second quarter of FY25, with income rising modestly however a surge in bills weighing closely on profitability.
The corporate reported a 7.3% year-over-year enhance in income from operations to Rs 318.94 crore for the second quarter of fiscal 12 months 2025, up from Rs 297.24 crore in Q2 FY24.
Income from the gaming phase noticed a 9.3% rise, reaching Rs 114.05 crore from Rs 104.31 crore within the prior-year interval. The esports phase additionally recorded regular progress of 5.7%, with income climbing to Rs 181.76 crore from Rs 172.03 crore in Q2 FY24.
In distinction, complete bills rose 11.4% to Rs 321.27 crore, pushed by important will increase in content material, occasion, and net server bills, which surged 52.9% to Rs 129.52 crore. Worker profit bills additionally noticed a pointy rise of 38.2%, to Rs 67.64 crore.
Revenue for the interval declined to Rs 16.24 crore, a 32.8% drop from Rs 24.18 crore in Q2 FY24, as rising operational prices offset income good points.
In a transfer to simplify its company operations, Nazara Applied sciences has undertaken a collection of divestments:
The corporate has exited Crimzoncode Applied sciences and Nazara Professional Gaming, promoting its 100% stakes in each. A step-down subsidiary, Nazara Mauritius Ltd, offered its stake in NzMobile Kenya Restricted, specializing in core markets.
Nazara additionally acquired an extra 48.42% stake in Paper Boat Apps for a money consideration of Rs 300 crore, changing it right into a wholly-owned subsidiary.
Nazara additionally elevated its stake in Moonshine Expertise with a strategic funding, buying 44.86% of its fairness for a most of Rs 784.23 lakh. The transaction was break up right into a Rs 592.26 lakh money fee and a Rs 239.25 lakh share swap.
