Nazara Technologies Limited — Investor Meet, 06-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Nazara's Q1 FY27 consolidated revenue hit INR 429 crores, with an INR 82 crores PAT loss mainly from associate write-offs. Gaming revenue grew 14% year-on-year to INR 275 crores, showing positive growth across segments despite lower EBITDA due to strategic user acquisition investments. Bluetile & BestPlay, with Q1 revenue of INR 518 crores and EBITDA of INR 55 crores, will be fully acquired for $303 million. Raymond Stauffer, Bluetile's CEO, is appointed Nazara's new CEO. Management highlighted profitable growth via scaled user acquisition and new game pipelines for Fusebox and Curve Games, alongside AdTech product expansion and NODWIN's IPO readiness. The outlook emphasizes strategic growth and operational integration.