Nazara Technologies has reported a consolidated net profit of ₹51.34 crore for the quarter ended 30 June 2025, more than double the ₹23.6 crore recorded in the same period last year.
The core gaming business achieved a 24.4% EBITDA margin, reflecting strong execution of its IP-led gaming strategy.
The Nazara board cleared a stock split, bonus issue, and announced key boardroom changes.
Nazara posted sharp growth in Q1FY26 with revenues of ₹498.8 crore (+99% YoY) and EBITDA of ₹47.4 crore (+90% YoY), underlining the company’s continued ability to generate sustainable profits even as it invests for growth.
Growth was led by strong performances from Fusebox, Animal Jam, and Curve Games, supported by the company’s Centers of Excellence in User Acquisition and Analytics.
“We are seeing early results from our sharpened focus on IP-led gaming and are reinvesting this momentum into expanding our IP portfolio and strengthening UA to drive sustained growth. We have also strengthened our leadership team with recent appointments bringing deep expertise in gaming,” said Nitish Mittersain, Joint MD and CEO, Nazara Technologies.
Alongside the results, the Board approved several corporate actions, subject to shareholder approval via postal ballot. The authorised share capital will be increased from ₹50 crore to ₹80 crore, with corresponding amendments to the company’s Memorandum of Association.
The company will also undertake a stock split, sub-dividing each existing equity share with a face value of ₹4 into two shares of ₹2 each, followed by a 1:1 bonus issue, granting one ₹2 bonus share for every ₹2 share held. The record date for the bonus issue will be announced separately.
Nazara said the measures aim to enhance liquidity and attract greater retail investor participation.
In boardroom changes, Rohit Sharma was appointed whole-time director and executive director for a five-year term from 13 August, bringing extensive experience in gaming and digital media.
In a related development, Rajiv Agarwal resigned as non-executive non-independent director, citing increased professional commitments. The board expressed gratitude for his contributions.
