Research ReportsNazara Technologies Q4 Review: Dolat Capital Revises Rating To 'Add' Post Mixed Results; Hikes Target Price
ADVERTISEMENT
Nazara Technologies Q4 Review: Dolat Capital Revises Rating To 'Add' Post Mixed Results; Hikes Target Price
Nazara is expected to double down on accelerating FY26 growth by focusing on organic biz. and the recently acquired biz, although profitability may see volatility, adds Dolat Capital.
Nazara's Pokerbaazi grew its revenue by 39% YoY to Rs 5.8 billion, but loss rose to Rs 575 million vs FY24 profit of Rs 338 million, due to GST impact and higher marketing spends for user acquisition.
(Photo source: Representative/Unsplash)
Nazara is expected to double down on accelerating FY26 growth by focusing on organic biz. and the recently acquired biz, although profitability may see volatility.