Nazara Technologies Swings To Profit in Q2; Revenue Jumps 53% to Rs 803 Cr

New Delhi: Nazara Technologies on Monday reported a profit after tax of about Rs 35.3 crore for the quarter ended September 30, 2026, against a loss of about Rs 34 crore in the year-ago period, as the gaming company clinched a “record quarter” in revenue.

For the second quarter of FY2026-27, the revenue rose 53 per cent year-on-year to a record Rs 803 crore.

The EBITDA – earnings before interest, tax, depreciation and amortisation, a measure of a company’s operating profitability – grew 93 per cent to Rs 120 crore, with the margin expanding 311 basis points to 14.9 per cent.

Profit after tax from continuing operations was Rs 35 crore, compared with a loss of Rs 34 crore in Q2FY26.

Q2 FY27 is the first quarter to include Bluetile and BestPlay, consolidated from August 1. In their first two months, the two businesses generated revenue of Rs 329 crore, up 49 per cent, and EBITDA of Rs 64 crore, up 64 per cent, at a margin of 19.4 per cent against 17.5 per cent.

Gaming revenue grew 122 per cent to Rs 656 crore at a 21.5 per cent EBITDA margin, accounting for 82 per cent of consolidated revenue.

Mobile gaming revenue jumped 167 per cent to Rs 550 crore.

Among existing studios, WildWorks grew revenue 41 per cent, Kiddopia 21 per cent and Curve Games 27 per cent, with Curve’s EBITDA rising 61 per cent.

“This quarter demonstrates the company we are building: a portfolio of high-quality games on a single, shared platform,” Raymond A. Stauffer, CEO, Nazara Technologies, said.

He added: “Every game we launch and every studio we acquire benefits from proven capabilities from the outset, enabling us to scale faster and more profitably.”

Stauffer, founder of Bluetile and BestPlay, became CEO on September 16. Mithun Sacheti, founder of CaratLane, joined as Executive Director on October 12, subject to shareholder approval, and Arun Agarwal joined as Chief Financial Officer on October 16.

Together, the team brings global gaming, operating and financial depth to scale Nazara’s platform, the release said.

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