The gaming company expressed confidence that it will continue to drive profitable growth.
Nazara Technologies delivered consolidated revenue of Rs 454.2 crore (unaudited) in FY21, 84 per cent rise over FY20, when it stood at Rs 247.5 crore, Nazara said in a regulatory filing late on Thursday. Gamified learning and e-sports segments have not only demonstrated strong growth momentum in FY21 but have also laid the foundation for predictable growth on account of proven user engagement and retention KPIs in gamified learning and multi-year media licensing and game publisher agreements in case of e-sports, it added. The gamified learning segment registered 820 per cent growth in revenue, growing from Rs 19.1 crore in FY20 to Rs 175.8 crore in FY21. Similarly, e-sports segment revenue more than doubled to Rs 170.1 crore in FY21, from Rs 84.2 crore in the previous fiscal.
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