Nazara Technologies Limited — Important, 26-05-2025: Updates

Nazara Technologies posted record FY25 EBITDA of ₹153.5 Cr on ₹1,624 Cr revenue, with a robust 19.9% margin in gaming. Strategic moves include acquiring UK’s Curve Games for ₹247 Cr to boost global PC/console presence and expanding offline gaming through Smaaash. Full control of Kiddopia and Absolute Sports enhances operational efficiency. Fusebox and PokerBaazi surged, with PokerBaazi hitting its highest monthly revenue. NODWIN expanded aggressively overseas, facing margin pressure. Strong organic growth and IP licensing set the stage for faster profitability in FY26.