Nazara Technologies Limited — Important, 12-08-2025: Updates

Nazara's Q1FY26 consolidated revenue surged 99% YoY to INR 498.8 Cr, with EBITDA climbing 90% to INR 47.4 Cr. The core gaming segment achieved a robust 24.4% EBITDA margin. The company is sharpening its focus on owned IPs, driving momentum in titles like Fusebox and Animal Jam. A key strategic shift includes deconsolidating Nodwin Gaming, allowing Nazara to prioritize core gaming while enabling Nodwin's independent esports growth. Operational expansion includes acquiring Smaaash, now undergoing a business revamp. Despite Sportskeeda facing a Google update impact, cost optimization efforts are in place for expected recovery. Nazara also invested $1.0 million in gaming community platform Stan.