Nazara Technologies reported a net profit of Rs 35.36 crore in the September quarter of FY27, owing to healthy growth in the gaming segment, The Hindu BusinessLine reported. Revenue from operations reached its highest-ever quarterly high at Rs 803 crore, increasing 53% annually and 87% quarterly, the report said.
Source: The Hindu BusinessLine
The profit compares with a loss of about Rs 34 crore in the year-ago period, and EBITDA grew 93% to Rs 120 crore, with the margin expanding 311 basis points to 14.9%, YourStory reported.
Source: YourStory
Gaming revenue grew 122% year-on-year to Rs 656 crore at a 21.5% EBITDA margin, contributing 82% of revenue, while mobile gaming revenue jumped 167% to Rs 550 crore, The Hindu BusinessLine and exchange4media reported.
Source: The Hindu BusinessLine
Q2 was the first quarter to include Bluetile and BestPlay, consolidated from August 1; in their first two months the two businesses generated revenue of Rs 329 crore, up 49%, and EBITDA of Rs 64 crore, up 64%, YourStory reported. Chief executive Raymond A. Stauffer said the quarter showed a portfolio of high-quality games on a single shared platform, The Hindu BusinessLine reported.
Source: YourStory
For the first half of FY27, revenue rose 20% to Rs 1,232 crore and EBITDA rose 52% to Rs 166 crore, exchange4media reported. The company said it is deploying artificial intelligence across marketing, data, product and technology, exchange4media reported.
Source: exchange4media
