Nazara Swings Back To The Black In Q2, Posts ₹34 Cr Profit

Gaming company Nazara Technologies reported a profit of ₹35.4 Cr in Q2 FY27, marking a turnaround from a net loss of ₹33.9 Cr in the same period last year. The company's bottom line showed significant improvement, rising from a loss of ₹82.5 Cr in Q1 FY27. The improved figures are attributed to better margins and a 52% increase in operating revenue, reaching ₹803.2 Cr during the quarter, up from ₹526.5 Cr in Q2 FY26.

Sequentially, revenue jumped 87.3% to ₹428.8 Cr in Q1 FY27, compared to ₹428.8 Cr in Q1 FY27. Nazara's success is attributed to the addition of BlueTile and BestPlay, which contributed ₹329 Cr to its top line, along with healthy organic growth across its verticals. Other income added ₹13.7 Cr to the company's total income, which reached ₹816.9 Cr in Q2 FY27.

Expenses, including ₹6.7 Cr in impairment costs, also increased 43.7% to ₹767.6 Cr in Q2 FY27 from ₹534.3 Cr in the same period last year. Nazara's EBITDA improved by 93% year-over-year to ₹120 Cr in Q1 FY27, and its EBITDA margin rose 311 basis points to 14.9% in Q2 FY27. This demonstrates the company's growth, citing the addition of BlueTile and BestPlay to the portfolio, as well as sustained investment in content driving organic growth.

Nazara CEO Raymond Stauffer emphasized the company's progress in building a high-quality game portfolio on a single shared platform.