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News Details

( As on 13/11/2025 20:35)

Faze Three posts Q2 net loss of Rs 4.36 cr

The company reported standalone net loss during the quarter stood at Rs 4.36 crore compared to net profit of Rs 7.12 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 34.97 per cent at Rs 200.56 crore in July-September quarter of this fiscal as against Rs 148.60 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 48.49 per cent to Rs 195.62 crore from Rs 131.74 crore in year ago period.

Other Income dipped by 62.56 per cent at Rs 0.79 crore versus (Sep'24 Rs 2.11 crore).

Operating Profit slipped by 70.70 per cent to Rs 4.94 crore as against Rs 16.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.33 per cent in September quarter.

Interest grew by 31.04 per cent y-o-y to Rs 4.39 crore, while Taxation decreased by 154.92 per cent at Rs -1.45 crore (Sep'24 Rs 2.64 crore).