Nazara Technologies Ltd Q3FY23 consolidated PAT up at Rs. 18.1 crores

Nazara Technologies Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 326.3 crores during the period ended December 31, 2022 as compared to Rs. 287 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 18.1 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 10.2 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.75 for the period ended December 31, 2022 as compared to Rs. 1.55 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹326.3 crs	₹287 crs	13.69%
Net Profit	₹18.1 crs	₹10.2 crs	77.45%
EPS	₹2.75	₹1.55	77.42%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.326.3 crores during the period ended December 31, 2022 as compared to Rs.189.8 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.18.1 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.10.3 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.75 for the period ended December 31, 2022 as compared to Rs.1.64 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹326.3 crs	₹189.8 crs	71.92%
Net Profit	₹18.1 crs	₹10.3 crs	75.73%
EPS	₹2.75	₹1.64	67.68%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.843 crores during the 9 Months period ended December 31, 2022 as compared to Rs.461.1 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.39.8 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.26 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.04 for the 9 Months period ended December 31, 2022 as compared to Rs.4.24 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹843 crs	₹461.1 crs	82.82%
Net Profit	₹39.8 crs	₹26 crs	53.08%
EPS	₹6.04	₹4.24	42.45%

Shares of Nazara Technologies Limited was last trading in BSE at Rs. 611.30 as compared to the previous close of Rs. 593.50. The total number of shares traded during the day was 19303 in over 1560 trades.

The stock hit an intraday high of Rs. 614.75 and intraday low of 595.40. The net turnover during the day was Rs. 11716307.00.

Source : Equity Bulls

Keywords

NazaraTechnologies Q3FY23 9MFY23 ResultUpdate