Nazara Technologies reported strong performance for Q1FY27, with gaming revenue increasing 14% YoY to ₹275 crore, maintaining a healthy 19.5% EBITDA margin. Consolidated revenue stood at ₹429 crore. The company highlighted strategic developments including the accelerated 100% acquisition of Bluetile and BestPlay, which is expected to consolidate from Q2FY27, significantly expanding its scale and operating capabilities.
Nazara Technologies Reports Strong Q1FY27 Performance
Nazara Technologies has announced its financial results for the first quarter of FY27 (Q1FY27), showcasing robust growth particularly within its gaming segments. The company reported that its gaming revenue saw a substantial increase of 14% year-on-year, reaching ₹275 crore. This growth was underpinned by a strong EBITDA margin of 19.5% within the gaming vertical, indicating efficient operations and profitability. All gaming businesses reported positive EBITDA for the quarter.
Key Financial Highlights and Segment Performance
Consolidated revenue for Nazara Technologies in Q1FY27 was reported at ₹429 crore, with EBITDA at ₹46 crore, resulting in an EBITDA margin of 10.8%. The reported PAT was a loss of ₹82 crore, primarily attributed to share of loss from associates and impairment loss. Excluding the deconsolidation of NODWIN, comparable revenue grew approximately 9% YoY.
Within specific segments:
- Kiddopia revenue grew by 19% YoY, driven by scaled user acquisition and improving unit economics.
- Fusebox revenue increased by 12% YoY to ₹82 crore.
- Animal Jam revenue grew by 11% YoY.
Strategic Acquisitions and Leadership Changes
A significant development for the quarter was the Board’s approval of the revised transaction structure to acquire 100% of Bluetile and BestPlay for a fixed all-cash consideration of USD 303 million. These businesses reported ₹518 crore in revenue and ₹55 crore in EBITDA in Q1FY27 and are expected to be consolidated from Q2FY27, materially expanding Nazara’s scale.
Additionally, the Board approved the appointment of Raymond A. Stauffer as Chief Executive Officer, effective September 1, 2026, subject to regulatory approvals. Nitish Mittersain will continue as Founder and Managing Director.
Source: BSE
