Nazara Technologies share price hits three-year high of ₹1,340, surging 7.5 per cent on the BSE in Friday's intraday trade, hitting its highest level since May 2022
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Nazara Technologies posted ₹4.07 crore Q4 profit with 95% YoY revenue growth, but annual profit declined due to higher expenses and loss from discontinued ops
Nazara acquires UK's Curve Games to expand global publishing and IP portfolio as part of an ongoing M&A strategy across interactive gaming and esports
Nazara Technologies acquires Curve Games in a ₹247 crore deal, aiming to expand into the $100 billion PC-console gaming market and enable global growth from India
Shares of Nazara Technologies hit an over two-year high of ₹ 1,149.85, up 4% in Monday's intra-day trade. The stock surpassed its previous high of ₹ 1,124.15 touched on September 19, 2024 on the BSE.
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Gaming and e-sports platform Nazara Technologies has reported a 53.6 per cent decline to Rs 13.68 crore in consolidated net profit for the October-December quarter of FY25. It had posted a profit of Rs 29.52 crore in the year-ago period, according to a regulatory filing. Revenue from operations for Q3 FY25 was Rs 534.7 crore, a 66.8 per cent climb, from Rs 320.4 crore in Q3 FY24. Sequentially, profit fell 15.7 per cent, while revenue rose 67.6 per cent. Nazara's core gaming segment revenues grew by 53 per cent, driven by acquisitions including Fusebox Games as well as strong performance by existing games such as Animal Jam, a company statement said. "The recent licensing agreements and upcoming integrations of popular entertainment IPs are further set to enhance user growth and engagement going forward. Kiddopia's collaboration with Mattel's Barbie and Moonbug's Little Angel will strengthen engagement among young audiences, while partnerships with well-known franchises including B
With the transaction, the promoter holding of the company will change, with Sacheti and Plutus Wealth Management becoming the main promoters
SC on online gaming plea news: The Rajya Sabha, in December 2023, was informed that online gaming companies were served 71 show-cause notices related to GST evasion, amounting to Rs 1.12 trillion
Company was valued at Rs 3,441 cr in Nov; has IP rights for events in esports, gaming, music
On Monday, after market hours, Nazara Technologies unveiled a series of strategic investments aimed at solidifying its position in the gaming and entertainment ecosystems
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Gaming and sports media firm Nazara Technologies' board has approved five investments worth Rs 196 crore, including 100 per cent acquisition of stake in Sportskeeda owner firm Absolute Sports, the company said in a regulatory filing on Monday. Of the total Rs 196 crore, Nazara will invest Rs 148 crore in existing subsidiaries, including Sportskeeda, Nodwin Gaming, and Datawrkz, to increase its ownership in them and support their growth. The company will invest Rs 69 crore to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100 per cent in the company, making it a wholly owned subsidiary. Nazara Technologies board approved investment of Rs 64 crore in its subsidiary Nodwin Gaming. The investment will be done through subscription of optionally convertible preference shares. The funds will support Nodwin's expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets, according to the ...
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In a regulatory filing on November 27, Nazara's board approved the allotment of 8,959,728 shares at an issue price of Rs 954.27 a share
The platform aims to bolster revenue options for Indian game developers, who face challenges
The acquisition will enable Datawrkz's growth across Europe and North America, positioning it as a scaled player in the global digital advertising market
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NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).