🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Nazara’ Q3 FY26 revenue declines 24% to Rs 406 Cr; profit down 36%

EntrackrEntrackr · 22d ago
Nazara’ Q3 FY26 revenue declines 24% to Rs 406 Cr; profit down 36%
Medial

Gaming and sports media firm Nazara Technologies reported a 24% year-on-year fall in its operating revenue for Q3 FY26. However, the company has regained profitability after booking a loss in the last quarter due to a write-off. Nazara’s operating revenue fell to Rs 406 crore in Q3 FY26 from Rs 535 crore in Q3 FY25, according to its unaudited financial statements sourced from the National Stock Exchange (NSE). E-sports accounted for 8% (Rs 34 crore) of the company’s total operating revenue, while the gaming segment held a 63% share (Rs 257 crore), followed by ad tech, which contributed 28% (Rs 115 crore). Nazara booked Rs 11 crore under non-operating income bringing its overall revenue down to Rs 417 crore in Q3 FY26 from Rs 557 crore in Q3 FY25. For the nine-month period, the company’s revenue increased by 30% to Rs 1,431 crore from Rs 1,104 crore, a year earlier. Nazara’s total expenses fell by 24% to Rs 402 crore in Q3 FY26, compared to Rs 531 crore in the same quarter last year. Content cost stood at Rs 81 crore, while employee benefit expenses fell to Rs 72 crore. Noteably, marketing expenses was the largest cost center, accounting for 27% of the total cost at Rs 109 crore in Q3 FY26. The company’s net profit decreased 36% to Rs 9 crore in Q3 FY26 as compared to a profit of Rs 14 crore in Q3 FY25. In the third quarter, SBI Mutual Fund sold 45,09,360 Nazara shares worth Rs 108 crore. This trimmed its stake in Nazara from 5.78% (2.14 crore shares) to 4.55% (1.69 crore shares). At the end of the day, Nazra’s share was trading at Rs 285 with a total market capitalization of Rs 10,554 crore (approximately $1 billion).

Related News

MapMyIndia’s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41%

EntrackrEntrackr · 12d ago
MapMyIndia’s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41%
Medial

Snippets MapMyIndia’s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41% CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the third quarter of FY26. The company’s revenue fell 18% year-on-year compared to Q3 FY25. MapMyIndia’s revenue from operations decreased to Rs 94 crore in Q3 FY26 from Rs 114.5 crore in Q3 FY25, according to its consolidated quarterly report sourced from the National Stock Exchange (NSE). On a nine-months basis, MapMyIndia’s operating revenue increased 3% to Rs 329 crore from Rs 320 crore, a year earlier. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 83% of the total collection. This revenue source decreased by 23.5% to Rs 78 crore in Q3 FY26. However, income from the sale of its devices generated Rs 15 crore in the quarter ending December 2025. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements. Notably, the cost of technical service outsourcing spiked more than 3X to Rs 33 crore in Q3 FY26 from Rs 10 crore in Q3 FY25. Overall, total cost of the firm decreased to Rs 75 crore in Q3 FY26 from Rs 79 crore in Q3 FY25. MapMyIndia’s profit fell 41% to Rs 19 crore during Q3 FY26, compared to Rs 32 crore in the third quarter of the previous fiscal year. On a sequential basis, the company’s profit increased 3% from Rs 18.5 crore in Q2 FY26. At the end of the day, MapMyIndia closed at Rs 1,223.70 per share, with a market capitalization of Rs 6,696 crore ($739 million).

Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55%

EntrackrEntrackr · 1m ago
Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55%
Medial

Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55% Online travel aggregator (OTA) Ixigo released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Thursday. The company reported a 31% growth in scale, while the company also increased its profit during the same period. Ixigo’s revenue from operations increased to Rs 317.6 crore in Q3 FY26 in contrast to Rs 242 crore in Q3 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The Gurugram-based company generated the largest share (42%) of its operating revenue from train ticketing, which rose to Rs 134 crore in Q3 FY26 from Rs 120 crore in Q3 FY25. Flight and bus booking services contributed 32% and 24% to the company’s revenue, respectively. Besides operating revenue, the firm also earned Rs 16.5 crore via interest and gains from financial assets during the quarter which took its total income to Rs 334 crore in the quarter ending December 2025. Ixigo has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose by 15% YoY to Rs 45 crore. Overall, the company's total costs grew 32% to Rs 296 crore in Q3 FY26 compared to Rs 224 crore in Q3 FY25. Ixigo increased its profit by 55% to Rs 24 crore in Q3 FY26, as compared to a profit of Rs 15.5 crore in Q3 FY25. The company also approved the grant of 98,944 stock options under its ESOP scheme (2013, 2016, 2021). The ESOP is valued at around Rs 2.3 crore according to the company’s share price. The company’s competitor MakeMyTrip posted $295 million revenue in Q3 FY26 with its loss falling by 74% to $7 million in the period. At the close of trading on Thursday (Jan 22), Ixigo’s shares were priced at Rs 235, giving the online travel aggregator a market capitalization of Rs 10,320 crore (approximately $1.1 billion).

EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90%

EntrackrEntrackr · 10d ago
EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90%
Medial

EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90% Online travel aggregator (OTA) platform EaseMyTrip struggled during the third quarter of the ongoing fiscal year (FY26), with revenue remaining flat and profit falling by 90% in the period. EaseMyTrip’s operating revenue increased by 0.3% to Rs 151 crore in Q3 FY26 from Rs 150.5 crore in Q3 FY25, as per its financial statements filed with the National Stock Exchange (NSE). Air ticketing contributed 64% of the company’s revenue but fell 1% to Rs 97 crore in Q3 FY26, down from Rs 98 crore in Q3 FY25. Hotel packages accounted for 31% of total revenue, generating Rs 46 crore. Including other undisclosed income, its total income for Q3 FY26 stood at Rs 161 crore, compared to Rs 154 crore in Q3 FY25. For the nine-month period, the company’s revenue decreased by 11.5% to Rs 407 crore from Rs 460 crore, a year earlier. EaseMyTrip’s total expenses rose 42% to Rs 153 crore in Q3 FY26 from Rs 107.5 crore in Q3 FY25. Employee benefit accounted for 22% of the total, increasing 27% to Rs 33 crore in Q3 FY26. Payment gateway charges, Service costs, and advertising were other major costs for EaseMyTrip in the last quarter. With the dip in revenue and expense increasing, the company’s profit fell by 90% to Rs 3.4 crore in Q3 FY26 as compared to Rs 34 crore in Q3 FY25. On a unit basis, the Delhi-based company spent Rs 1.01 to earn a rupee of operating revenue during the last quarter. EaseMyTrip’s share price was trading at Rs 6.64 on Friday, giving it a total market capitalization of Rs 2,415 crore (about $267 million).

Awfis posts Rs 382 Cr revenue and Rs 22 Cr profit in Q3 FY26

EntrackrEntrackr · 23d ago
Awfis posts Rs 382 Cr revenue and Rs 22 Cr profit in Q3 FY26
Medial

Coworking solutions provider Awfis has announced its financial results for the third quarter of FY26, reporting a 20% year-on-year growth in revenue while posting a profit of Rs 21.6 crore during the quarter. The company’s revenue from operations grew to Rs 382 crore in Q3 FY26 from Rs 318 crore in the same quarter last year, according to its financial statements sourced from the NSE. Other income contributed an additional Rs 29 crore, taking the company’s total income to Rs 411 crore for the quarter. For the nine months ended December, the firm’s revenue grew 24.5% to Rs 1,083 crore compared to Rs 868 crore in the corresponding period last year. Revenue from coworking spaces remained the largest contributor, accounting for 84% of the total operating revenue. This segment grew 32.5% to Rs 322 crore in Q3 FY26 from Rs 243 crore in Q3 FY25. Meanwhile, the construction and fit-out projects segment generated Rs 60 crore in revenue during the quarter. On the expense side, depreciation remained the largest cost component at Rs 99 crore, while employee benefits expenses stood at Rs 36 crore. Finance costs, subcontracting expenses, and other overheads together pushed the company’s total expenses to Rs 389 crore in Q3 FY26 from Rs 317 crore in Q3 FY25. Improved revenue performance, along with a jump in other income, led the company’s profit to increase by 44% to Rs 21.6 crore in Q3 FY26, compared to Rs 15 crore in Q3 FY25. At the end of today’s trading session, Awfis’ stock closed at Rs 389.5, valuing the company at a market capitalization of Rs 2,759 crore (approximately $303 million).

Lenskart profit jumps to Rs 133 Cr in Q3 FY26; global biz forms 40% of revenue

EntrackrEntrackr · 13d ago
Lenskart profit jumps to Rs 133 Cr in Q3 FY26; global biz forms 40% of revenue
Medial

Eyewear brand Lenskart announced its financial results for Q3 FY26 on Thursday. The firm’s revenue increased by 36% during the third quarter, while its profit zoomed over 71X year-on-year to Rs 133 crore in the same period. The company’s revenue from operations increased to Rs 2,308 crore year-on-year in Q3 FY26 from Rs 1,669 crore in the same quarter last year, according to its financial statement sourced from NSE. Revenue from the Indian market accounted for 60% of total revenue at Rs 1,385 crore, while the international market contributed 40% at Rs 936 crore. A further Rs 14 crore was adjusted as inter-segment revenue. Other income contributed an additional Rs 40 crore, which drove its total income to Rs 2,348 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased by 28% to Rs 6,298 crore from Rs 4,925 crore a year earlier. On the expense side, the cost of material was the largest expenditure, accounting for 33% of the total expense. This cost increased by 31% to Rs 717 crore in Q3 FY26 from Rs 548 crore in Q3 FY25. Employee benefit expense rose 62.5% to Rs 528 crore in Q3 FY26 from Rs 325 crore in Q3 FY25. Finance and depreciation costs were other overheads that added to the total expense, which increased by 28% to Rs 2,163 crore in Q3 FY26. Lenskart’s profit jumped 71X to Rs 132.7 crore in Q3 FY26 as compared to Rs 1.85 crore in Q3 FY25. On a sequential basis, its profit increased by 29% from Rs 103 crore in Q2 FY26. After today’s trading session, Lenskart’s shares closed at Rs 473 per share, valuing the company at a market capitalization of Rs 82,059 crore, or around $9 billion.

CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%

EntrackrEntrackr · 28d ago
CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%
Medial

CarTrade released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Wednesday. The company reported a 19% year-on-year revenue growth, with profit crossing the Rs 50 crore mark in the same time period. CarTrade’s revenue from operations grew to Rs 210 crore in Q3 FY26 in contrast to Rs 176 crore in Q3 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q3 FY26 grew to Rs 228 crore, compared to Rs 193 crore in Q3 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 41% of the total operating revenue which increased to Rs 86 crore in Q3 FY26. Income from the remarketing and classified segment stood at Rs 66 crore and Rs 59 crore, respectively, in the third quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 4% to Rs 76 crore during the period. Including other costs, CarTrade’s overall expenses increased 3% to Rs 144 crore in Q3 FY26 from Rs 139.5 crore during Q3 FY25. The decent growth and controlled spending enabled CarTrade to increase its net profit to Rs 61.5 crore in Q3 FY26, compared to Rs 45.5 crore in Q3 FY25. However, on a sequential basis, the company’s profit decreased by 4% from Rs 64 crore in Q2 FY26. CarTrade was in preliminary discussions with CarDekho for a potential merger in India’s automotive classifieds space, but the two companies mutually decided to call off the proposed consolidation. CarTrade’s share price is trading at Rs 2,333 (as of 11:36 AM) with a total market capitalization of Rs 11,163 crore ($1.2 billion).

Pine Labs posts Rs 42 Cr profit in Q3 FY26; revenue grows 24%

EntrackrEntrackr · 28d ago
Pine Labs posts Rs 42 Cr profit in Q3 FY26; revenue grows 24%
Medial

Fintech major Pine Labs announced its financial results for Q3 FY26 after debuting on Indian stock exchanges in the same quarter. The firm’s revenue increased by 24% during the third quarter, while it remained profitable in the same period. The company’s revenue from operations increased to Rs 744 crore in Q3 FY26 from Rs 601 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 36 crore, which drove its total income to Rs 780 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased 20% to Rs 2,010 crore from Rs 1,676 crore, a year earlier. On the expense side, employee benefit was the largest cost centre, which accounted for 37% of the total expense. This cost increased by 5% to Rs 263 crore in Q3 FY26 from Rs 251 crore in Q3 FY25. Cost of material rose 51% to Rs 104 crore in Q3 FY26 from Rs 69 crore in Q3 FY25. Finance cost and depreciation cost were other overheads which led to the total expense to increase by 13% to Rs 705 crore in Q3 FY26. Pine Labs entered profitability on the back of steady growth and disciplined cost control, reporting a net profit of Rs 42 crore in Q3 FY26 versus a loss of Rs 57 crore in Q3 FY25. For the nine-month period, the company posted a profit of Rs 53 crore. Pine Labs made a positive debut on the public markets, listing at a 9.5% premium over its issue price. The stock opened at Rs 242 per share against the IPO price of Rs 221, giving the Peak XV-backed firm a stable start on the NSE and BSE. Earlier this month, Pine Labs received RBI approval to fully acquire RBI-licensed account aggregator Agya Technologies, increasing its stake to 100% from its previous associate company status. The company’s share is trading at Rs 233, giving it a market capitalization of Rs 26,736 crore (approximately $2.9 billion).

Blackbuck records Rs 32 Cr profit on Rs 172 Cr revenue in Q3 FY26

EntrackrEntrackr · 20d ago
Blackbuck records Rs 32 Cr profit on Rs 172 Cr revenue in Q3 FY26
Medial

Blackbuck has released its financial report for the third quarter of the ongoing financial year ending December 2025. The Bengaluru-based company reported a 51% year-on-year growth in scale in Q3 FY26 and posted a profit of Rs 32 crore in the quarter. Blackbuck's revenue from operations grew to Rs 172 crore in Q3 FY26 from Rs 114 crore in Q3 FY25. For the nine-month period, the company’s revenue increased by 53% to Rs 466.5 crore as compared to Rs 305 crore a year earlier. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 188 crore in Q3 FY26, compared to Rs 123 crore in Q3 FY25. Looking at the expenses, the employee benefit cost accounted for 29% of the overall expenditure which increased by 16% year-on-year to Rs 40.5 crore in Q3 FY26 from Rs 35 crore in Q3 FY25. Depreciation and other operating expenses drove total expenditure to Rs 142 crore in Q3 FY26, compared to Rs 93 crore in the same quarter last year. Blackbuck registered a profit of Rs 32 crore in Q3 FY26, as compared to a loss of Rs 48 crore in Q3 FY25. On a quarterly basis, the company’s profit increased 10% from Rs 29 crore in Q2 FY26. BlackBuck's chairman and CEO, Rajesh Kumar Naidu Yabaji, sold 20 lakh shares (9.37% of his holding) in a Rs 135 crore bulk deal in the third quarter. This transaction reduced his stake in the logistics marketplace from 11.81% to 10.7% of the 18.07 crore total equity base. Currently, Blackbuck’s share price is trading at Rs 618, giving the company a market capitalization of Rs 11,196 crore ($1.2 billion).

Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26

EntrackrEntrackr · 27d ago
Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26
Medial

Fintech firm Paytm announced its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Thursday. The Noida-based company reported a revenue of Rs 2,194 crore and a net profit of Rs 225 crore for the period. According to Paytm’s unaudited quarterly report filed with the National Stock Exchange, its revenue from operations increased by 20% year-on-year from Rs 1,828 crore in Q3 FY25. The company also added Rs 212 crore from other non-operating sources, bringing its overall revenue to Rs 2,406 crore in Q3 FY26. For the nine-months period, Paytm’s revenue rose 24% to Rs 6,173 crore from Rs 4,989 crore, a year earlier. For the Noida-based firm, its employee benefits remained the largest cost center, accounting for 33% of the overall cost, which decreased by 5% to Rs 721 crore in Q3 FY26. Its payment processing charges increased by 17.5% to Rs 671 crore, and marketing expenses increased by 3.5% to Rs 146 crore in Q3 FY26. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,175 crore in Q3 FY26, as compared to Rs 2,220 crore in Q3 FY25. Paytm recorded a net profit of Rs 225 crore in Q3 FY26, in contrast to a loss of Rs 208 crore in Q3 FY25. On a sequential basis, the company’s profit increased by more than 10X from Rs 21 crore in Q2 FY26. Last quarter was eventful for the company as it received authorisation from the RBI to operate as a payment aggregator for physical or offline payments and cross border transactions. The company also granted ESOPs worth Rs 16.6 crore and Rs 60 crore under its ESOP Scheme 2019. Paytm also witnessed a significant shareholder shift as Elevation Capital (formerly SAIF Partners) offloaded a 1.86% stake in the fintech major through a bulk deal worth Rs 1,556 crore. Five days later, BNP Paribas sold 1 crore shares of Paytm worth Rs 1,331 crore. Alongside this, Integrated Core Strategies sold 32.55 lakh shares worth Rs 410 crore. As of January 29, Paytm’s share price stood at Rs 1,172 with the total market capitalization standing at Rs 74,963 crore ($8 billion).

Download the medial app to read full posts, comements and news.