What is the story about?
Nazara Technologies Ltd reported a consolidated net profit of ₹51.34 crore for the quarter ended 30 June 2025, more than double the ₹23.6 crore recorded in the same period last year.
Revenue
EBITDA rose 87.4% to ₹47.2 crore from ₹25.2 crore, while margins stood at 9.5% versus 10% a year ago.
Alongside the results, the Board approved several corporate actions, subject to shareholder approval via postal ballot. The authorised share capital will be increased from ₹50 crore to ₹80 crore, with corresponding amendments to the company’s Memorandum of Association.
The company will also undertake a stock split, sub-dividing each existing equity share with a face value of ₹4 into two shares of ₹2 each, followed by a 1:1 bonus issue, granting one ₹2 bonus share for every ₹2 share held. The record date for the bonus issue will be announced separately.
Nazara said the measures aim to enhance liquidity and attract greater retail investor participation.
Also Read: PI Industries Q1 results: Profit down 11% YoY, misses estimates; margin steady
Meanwhile, Rajiv Agarwal resigned as Non-Executive Non-Independent Director, citing increased professional commitments. The Board expressed gratitude for his contributions.
Do you find this article useful?