 "Gaming")
Electronic sports (eSports) is a nascent industry. While India has a huge potential user-base, this doesn’t necessarily translate into big revenue.
Nazara is the only listed player with Rs 621 crore of revenue in 2021-22 (FY22) - up 37 per cent year-on-year (YoY). The earnings before interest, tax, depreciation, and amortisation is Rs 95 crore – a margin of around 15 per cent. Adjusted profit after tax is Rs 28.8 crore - a growth of over 300 per cent YoY.
The company raised around Rs 580 crore in its initial public offering (IPO) at a price of Rs
Nazara is the only listed player with Rs 621 crore of revenue in 2021-22 (FY22) - up 37 per cent year-on-year (YoY). The earnings before interest, tax, depreciation, and amortisation is Rs 95 crore – a margin of around 15 per cent. Adjusted profit after tax is Rs 28.8 crore - a growth of over 300 per cent YoY.
The company raised around Rs 580 crore in its initial public offering (IPO) at a price of Rs
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