Nazara Technologies Financial Results Q4 FY 2024-25

Key insights

6 takeaways

01
Consolidated total income for the year ended March 31, 2025 was Rs 171,544 lakhs, versus Rs 121,791 lakhs for the year ended March 31, 2024.See it on page 11
02
Segment revenue for eSports for the year ended March 31, 2025 was Rs 76,342 lakhs.See it on page 13
03
The auditor's report draws attention to GST show cause notices received by two subsidiaries and two associate subsidiaries, with no adjustments made in the consolidated results.See it on page 4
04
The company states that it believes the GST notices are arbitrary and that no present or future liability is anticipated on these components as at March 31, 2025.See it on page 16
05
Standalone total income for the year ended March 31, 2025 was Rs 10,086 lakhs, against Rs 6,787 lakhs in the prior year.See it on page 21
06
Consolidated profit for the year from continuing operations attributable to equity shareholders was Rs 8,692 lakhs.See it on page 11

Summary

Nazara Technologies Limited, a listed Indian company (BSE: 543280, NSE: NAZARA), released its audited consolidated and standalone financial results for the quarter and year ended March 31, 2025, approved by its Board on May 26, 2025, with auditor reports from MSKC & Associates LLP. The consolidated statements cover the group, including 25 subsidiaries and 2 associates audited by other auditors. Consolidated total income for the year ended March 31, 2025 was Rs 171,544 lakhs, compared with Rs 121,791 lakhs for the year ended March 31, 2024. Consolidated revenue from operations for the year was Rs 162,391 lakhs, up from Rs 113,828 lakhs. Segment revenue for the year was Rs 76,342 lakhs in eSports, and Rs 34,557 lakhs in Ad tech, against Rs 10,374 lakhs in the prior year. Consolidated profit for the year attributable to equity shareholders from continuing operations was Rs 8,692 lakhs, against Rs 7,129 lakhs. The auditor's report contains an emphasis of matter on GST show cause notices received by subsidiaries and associate subsidiaries, with no adjustments made in the results. The Board also approved changes to a Paper Boat Apps amalgamation scheme and appointed new secretarial and internal auditors.