Nazara Technologies shines on reporting 31% rise in Q3 consolidated net profit
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Nazara Technologies is currently trading at Rs. 635.90, up by 24.60 points or 4.02% from its previous closing of Rs. 611.30 on the BSE.
The scrip opened at Rs. 625.20 and has touched a high and low of Rs. 651.00 and Rs. 624.70 respectively. So far 81789 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 1187.98 on 25-Jan-2022 and a 52 week low of Rs. 484.00 on 22-Jun-2022.
Last one week high and low of the scrip stood at Rs. 651.00 and Rs. 573.25 respectively. The current market cap of the company is Rs. 4190.81 crore.
The promoters holding in the company stood at 19.14%, while Institutions and Non-Institutions held 16.46% and 64.41% respectively.
Nazara Technologies has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported net profit at Rs 2.20 crore for the quarter under review as compared to net loss of Rs 2.40 crore for the same quarter in the previous year. Total income of the company increased 56.79% at Rs 12.70 crore for Q3FY23 as compared to Rs 8.10 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 30.99% in its net profit at Rs 22.40 crore for the quarter under review as compared to Rs 17.10 crore for the same quarter in the previous year. Total income of the company increased 71.92% at Rs 326.30 crore for Q3FY23 as compared to Rs 189.80 crore for the corresponding quarter previous year.
