Nazara Technologies Limited — Updates, 13-02-2025: Press Release

Nazara Technologies Limited has reported remarkable financial performance, achieving its highest-ever quarterly EBITDA of INR 52.4 crore, marking a 39% year-on-year growth, with revenues reaching INR 534.7 crore and a profit after tax (PAT) of INR 13.7 crore for Q3FY25. The company's core Gaming segment has seen a 53% revenue increase, driven by strategic acquisitions like Fusebox Games and strong user engagement from titles such as Animal Jam.

Recent licensing agreements, including collaborations with Mattel’s Barbie and popular franchises like Big Brother and Bigg Boss, are poised to further enhance user engagement. Additionally, Nazara acquired gaming IPs CATS: Crash Arena Turbo Stars and King of Thieves, which will be directly operated under Nazara, providing immediate revenue benefits.

To support its growth strategy, the company is raising INR 495 crore through a preferential equity issue. This capital, combined with existing cash reserves, bolsters Nazara's financial capacity for further acquisitions and organic growth, positioning it strongly for future expansion in the global gaming market.