Games24X7 posts first loss in 12 yrs as state bans bite
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Games24X7 posts first loss in 12 yrs as state bans bite

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Games24X7 posts first loss in 12 yrs as state bans bite
Credit: Pixabay

Tiger Global-backed Play Games24X7 Pvt. Ltd, the operator of gaming apps RummyCircle and My11Circle, incurred its first loss in 12 years in the financial year ended March, weighed down by  lower operating revenue and higher employee expenses. The company, which has been profitable since FY11, posted a net loss of ₹282 ......

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