CosmicTaco

PokerBaazi Parent Hits Rs 400 Cr Revenue Milestone in FY24

CosmicTaco · 2025-01-07T11:02:41.713089+05:30

- Moonshine Technology, operating PokerBaazi, SportsBaazi, and CardBaazi, achieved a 55% rise in revenue to Rs 415 crore in FY24. - Nazara invested Rs 982 crore, acquiring a 47.7% stake, boosting Moonshine's profits by 26.3% to Rs 24 crore. - Advertising expenses surged 83% to Rs 232 crore, with employee benefits growing 62% to Rs 89 crore. Source: [Entrackr](https://entrackr.com/fintrackr/pokerbaazi-parent-crosses-rs-400-cr-revenue-in-fy24-profits-grew-26-8596059)

Moonshine Technology, operating PokerBaazi, SportsBaazi, and CardBaazi, achieved a 55% rise in revenue to Rs 415 crore in FY24.
Nazara invested Rs 982 crore, acquiring a 47.7% stake, boosting Moonshine's profits by 26.3% to Rs 24 crore.
Advertising expenses surged 83% to Rs 232 crore, with employee benefits growing 62% to Rs 89 crore.

Source: Entrackr