Nazara Tech Q3 Results: Profit Tanks 35% to Rs 8.84 Crore
Nazara Technologies just pulled off the corporate equivalent of ordering a lavish feast only to tip the waiter with pocket change—revenue soared to record highs, yet profits nosedived 35% to a measly Rs 8.84 crore. It's like winning the lottery but spending it all on fireworks that fizzle out; aggressive expansions and marketing splurges lit up the topline but incinerated the bottom line in a blaze of expense glory.[1][2][3]
