Key Points
We see revenues increasing at a slightly faster pace than what they have in the first half of the year and we will continue to maintain or enhance our profit margins..
Looking into FY25, I think we have a very good base set now to launch for much more aggressive growth going forward...
The right range we should be able to get our gaming margin is 25-30% and that is what we will keep striving for. Our e-Sports business remains a strategic business for us, therefore, our focus is not so much on margin expansion at this stage, but it is all about strategic moats that we can create in the business and we will continue to grow organically as well as through some acquisitions in that space...
Our ad-tech business has actually had a little bit of a pause but we are recovering well and we expect the margin profile to keep improving because a lot of the revenue mix is changing from services to product and you will see in the coming quarters ad-tech business margins to improve..
In another couple of quarters, we should have a very stable business that is growing again and with much more improved margins..
