{"id":139078,"date":"2023-01-24T12:46:52","date_gmt":"2023-01-24T17:46:52","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139078"},"modified":"2023-01-24T12:46:53","modified_gmt":"2023-01-24T17:46:53","slug":"nazara-technologies-limited-q3fy23-earnings-summary","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nazara-technologies-limited-q3fy23-earnings-summary\/","title":{"rendered":"Nazara Technologies Limited Q3FY23 Earnings Summary"},"content":{"rendered":"\n<p>With operations in emerging and matured international markets, including Africa and North America, <a href=\"https:\/\/44.250.171.167\/symbol\/nazara\/\" target=\"_blank\" rel=\"noreferrer noopener\">Nazara Technologies<\/a> is the top gaming and sports media platform with an Indian base. It offers services in the interactive gaming, eSports, and game &#8211; based learning ecosystems.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>From \u20b9 186 crores in Q3FY22 to \u20b9 315 crores in Q3FY23, operating revenue increased by about 70%. Additionally, revenue from other sources more than quadrupled, rising to 11.5 crores from \u20b9 4 crores in Q3FY22.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter\"><a href=\"https:\/\/lh3.googleusercontent.com\/8pFdT9OyxzWvzJXVvlbxxHEGSaBTcyfZhDHQ63gST43JnDuK4T5LpdyIuXqkGFz965d0E-BnEOSvUUkKMKlBrPt4_8037y-8Pl9Vmifn3TaNVzpuO9A79bnjfBxnHGBTVqbDCDjO68H8oGFLZ8HIQMNq4fyFuWtgiZmx5aLm6YLFUxB2IYsZ8mIaquQrtw\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/8pFdT9OyxzWvzJXVvlbxxHEGSaBTcyfZhDHQ63gST43JnDuK4T5LpdyIuXqkGFz965d0E-BnEOSvUUkKMKlBrPt4_8037y-8Pl9Vmifn3TaNVzpuO9A79bnjfBxnHGBTVqbDCDjO68H8oGFLZ8HIQMNq4fyFuWtgiZmx5aLm6YLFUxB2IYsZ8mIaquQrtw\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n\n<p>In Q3FY23, the esports vertical generated 49% of the revenue, followed by the game &#8211; based e-learning and ad-tech vertical at 24% and 14%, respectively.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With operations in emerging and matured international markets, including Africa and North America, Nazara Technologies is the top gaming and sports media platform with an Indian base. It offers services in the interactive gaming, eSports, and game &#8211; based learning ecosystems. Financial Results: From \u20b9 186 crores in Q3FY22 to \u20b9 315 crores in Q3FY23, [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":132457,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,6352,8],"tags":[11386,59],"class_list":["post-139078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-research-summary","category-technology-stocks","tag-esports","tag-gaming"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-687982910.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":158474,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q3fy24-50-rise-in-profits\/","url_meta":{"origin":139078,"position":0},"title":"Nazara Technologies Ltd Q3FY24; 50% rise in Profits","author":"Chirag Gupta","date":"February 6, 2024","format":false,"excerpt":"Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems. Financial Results: Nazara Technologies Ltd reported Revenues for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-47.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150475,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q1fy24-31-rise-in-profits\/","url_meta":{"origin":139078,"position":1},"title":"Nazara Technologies Ltd Q1FY24; 31% rise in Profits","author":"Karan_Singh","date":"July 28, 2023","format":false,"excerpt":"Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems. Financial Results: Nazara Technologies Ltd reported Revenues for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-396.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":145756,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":139078,"position":2},"title":"Nazara Technologies Ltd Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"May 11, 2023","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q4 FY23 Earnings Concall Management Update: [00:01:43] NAZARA achieved a milestone in FY23 with revenues surpassing INR 1,000 crores for the first time and EBITDA of INR109.7 crores. [00:08:14] NAZARA said Tamil Nadu's ban on online games of chance has a short-term negative\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156192,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q2-fy24-earnings-conference-call-insights\/","url_meta":{"origin":139078,"position":3},"title":"Nazara Technologies Ltd Q2 FY24 Earnings Conference Call Insights","author":"Praveen","date":"November 14, 2023","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q2 FY24 Earnings Concall Financial Performance Revenue increased 13% year-on-year to INR297.2 crores. EBITDA grew 30% year-on-year to INR 27.9 crores. PAT increased 53% year-on-year to INR 24.2 crores. Gaming segment revenue grew 43% and EBITDA 14% year-on-year in Q2. eSports segment revenue\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142728,"url":"https:\/\/alphastreet.com\/india\/rail-vikas-nigam-limited-q3fy23-earnings-story\/","url_meta":{"origin":139078,"position":4},"title":"Rail Vikas Nigam Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 24, 2023","format":false,"excerpt":"The government of India incorporated Rail Vikas Nigam Ltd in 2003, and it is in the business of carrying out different kinds of rail infrastructure projects given by the MoR, such as doubling, gauge conversion, new lines, railway electrification, significant bridges, workshops, and production units, as well as sharing freight\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1419281595.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":141867,"url":"https:\/\/alphastreet.com\/india\/olectra-greentech-limited-q3fy23-earnings-story\/","url_meta":{"origin":139078,"position":5},"title":"Olectra Greentech Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 15, 2023","format":false,"excerpt":"Incorporated in 1992 was Olectra Greentech Limited. 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The firm has posted net profit of \u20b9\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=139078"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/132457"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=139078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=139078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=139078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}