Krafton provides latest update on BGMI India ban with Q3 2022 financial results declaration

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Battlegrounds Mobile India (BGMI), one of the most popular mobile games in India, was banned earlier this year in July from Google Play Store and iOS App Store by the Central Government.

Recently, the South Korean game development company Krafton released its financial results and talked about BGMI’s ban in India in their press release. It stated the following, hinting that the efforts are on to get the game back.

“Finally, KRAFTON is continuing its efforts to resume services for BATTLEGROUNDS MOBILE INDIA (BGMI) and will continue investing in the Indian games market.”

After hearing the news, fans who have been looking for information on the resumption of the game are overjoyed. The statement did not mention any specific date or time about the ban getting lifted but the statement served as a relief for the fans.

Krafton has earlier responded to the fans’ queries and concerns about the return of the game saying they are attempting to talk to concerned authorities about the ban, but the latest statement mentioning their plans to continue to invest in India gives new hope to the players.

Due to Krafton’s frequent organization of new events and tournaments with significant prize pools, the game has contributed to the fast growth of the Indian esports scene and has allowed growth of many content creators from India as well.

BGMI was banned under Section 69A of the Information Technology Act 2000. The reason behind banning the popular battle royale game was given as national security and citizens’ privacy concerns.

Meanwhile, Krafton’s total revenue for Q3 2022 was $320.4 million in which the operating profit was $103.6 million and net profit stood at $167.2 million.

Additionally, the company also shared that “PUBG: BATTLEGROUNDS” contributed substantially to its profits as new users were added since the game went the free-to-play route in January 2022. The sales of PUBG for PC increased to $96.8 million (48% rise QoQ) since 2019 and while PUBG for mobile sales stood at $208.6 million (12% drop QoQ).