Nazara Technologies swings to profit in Q2; revenue jumps 53% to Rs 803 Cr
Nazara Technologies swung to a profit of Rs 35.3 crore in Q2 FY27, as revenue surged 53% year-on-year to a record Rs 803 crore. Gaming revenue more than doubled, driven by growth in mobile gaming and the consolidation of Bluetile and BestPlay.
In the second quarter of FY2026-27, gaming company Nazara Technologies turned a profit, reporting a net profit after tax of Rs 35.3 crore, a significant turnaround from a loss of Rs 34 crore in the same period last year. The company's revenue surged 53% year-on-year to a record Rs 803 crore, with EBITDA growing 93% to Rs 120 crore and the margin expanding by 311 basis points to 14.9%.
The Q2 FY27 is the first to include Bluetile and BestPlay, both consolidated from August 1. These two businesses generated Rs 329 crore in revenue and Rs 64 crore in EBITDA in their first two months, a 49% and 64% increase, respectively, with a 19.4% margin compared to 17.5% previously. Gaming revenue alone rose 122% to Rs 656 crore, representing 82% of the consolidated revenue, while mobile gaming revenue jumped 167% to Rs 550 crore.
Among the existing studios, WildWorks' revenue grew 41%, Kiddopia's by 21%, and Curve Games' by 27%, with Curve's EBITDA rising 61%. Nazara Technologies' CEO, Raymond A. Stauffer, stated that the quarter showcased the company's progress in building a portfolio of high-quality games on a single, shared platform. He added that each game and studio acquired benefits from the company's proven capabilities, enabling faster scaling and profitability.
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