India, Aug. 13 -- New-Age Tech's Q1 Earnings Scorecard
We ran a numbers marathon yesterday as six listed new-age tech companies rolled out their Q1 FY26 scorecards. Interestingly, there was a bit of everything on display - big profit jumps, steady growth, and some trimming of losses.
From gaming and ecommerce to beauty and coworking, the quarter reflected resilience in demand and a clear focus on profitability. Here's a quick Q1 earnings rundown:
Nazara: The gaming major's net profit shot up 117% YoY to INR 51.3 Cr, with INR 36.4 Cr coming from continuing operations and INR 14.9 Cr from discontinued ones. Operating revenue doubled to INR 498 Cr YoY.
Nykaa: Profit surged nearly 80% YoY to INR 24.5 Cr, while operating revenue climbed 23...
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