Nazara Technologies shares in focus after Q4 revenue nearly doubles; net profit surges to Rs 4 crore

Nazara Technologies’ Q4FY25 revenue nearly doubled to Rs 520.2 crore, with net profit rising to Rs 4 crore. Despite higher marketing and employee expenses, esports and gaming segments showed strong growth. The company plans global expansion through acquisitions like Curve Games. Analysts maintain a ‘Hold’ rating, with an average target price of Rs 979, reflecting cautious optimism.