Nazara Technologies Ltd

Net profit of Nazara Technologies declined 27.82% to Rs 6.15 crore in the quarter ended March 2025 as against Rs 8.52 crore during the previous quarter ended March 2024. Sales rose 95.41% to Rs 520.20 crore in the quarter ended March 2025 as against Rs 266.21 crore during the previous quarter ended March 2024. For the full year,net profit rose 33.20% to Rs 75.35 crore in the year ended March 2025 as against Rs 56.57 crore during the previous year ended March 2024. Sales rose 42.66% to Rs 1623.91 crore in the year ended March 2025 as against Rs 1138.28 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales520.20266.21 95 1623.911138.28 43 OPM %5.600.59 -7.028.57 - PBDT43.0338.43 12 195.56170.43 15 PBT5.7416.93 -66 77.87103.44 -25 NP6.158.52 -28 75.3556.57 33 Powered by Capital Market - Live

Revenue from operations soared 95.40% YoY to Rs 520.20 crore in the quarter ended 31 March 2025. Profit before tax (PBT) fell 66.09% YoY to Rs 5.74 crore in Q4 FY25. EBITDA jumped 74.4% to Rs 51 crore in Q4 FY25, compared with Rs 29.3 crore posted in the corresponding quarter last year. However, the EBITDA margin reduced to 9.8% in Q4 FY25 as against 11% in Q4 FY24. Growth was driven by solid momentum in the core gaming portfolio, particularly Fusebox and Animal Jam, along with improved unit economics in Kiddopia. Margins remained resilient despite elevated user acquisition investments and new IP integrations. On the segmental front, revenue from the gaming business stood at Rs 156.41 crore (up 71.82% YoY), revenue from the eSports business was Rs 217.11 crore (up 46.52% YoY), while revenue from the Ad Tech segment stood at Rs 147.90 crore (up 438.01% YoY) during the period under review. The company also operationalized its centers of excellence in user acquisition, analytics, and AI, embedding cross-group efficiencies and unlocking organic scale. FY26 is expected to mark a step-change, with rising contribution from high-margin gaming verticals set to further boost profitability and drive global expansion. Nitish Mittersain, Jt. Managing Director & CEO, commented, 'FY25 has been a pivotal year in Nazara's journey'marked by record profitability, deeper control across key businesses, and the successful execution of our Nazara 3.0 strategy. We strengthened our core by fullyning high-performing assets like Kiddopia and Sportskeeda, expanded globally through acquisitions such as Fusebox and Curve Games, and sharpened our focus on building a high-margin, IP-led gaming platform. As we enter FY26, we are poised for accelerated growth with increasing contributions from our core gaming portfolio. Our platform is now stronger and more globally relevant with a growing presence across North America and Europe, strategic global partnerships, and recognition among the world's top gaming publishers. Nazara is not just leading the gaming industry in India'it is steadily establishing itself as a rising force on the global gaming stage.' Meanwhile, the company's board has approved the merger of its wholly owned subsidiary, Paper Boat Apps, with Nazara Technologies, under relevant sections of the Companies Act, 2013. The Board approved this on 14 November 2024 and notified the Exchanges the same day. The merger's effective date has been changed from 1 October 2024 to 1 April 2025, subject to approval by the National Company Law Tribunal, Mumbai. Further, the board has granted in-principle approval to the company's wholly-owned subsidiary(ies) for inter-se unsecured loans totaling up to Rs 75 crore, in addition to the amount approved in the Board meeting held on 20 May 2025 and intimated to the exchanges on the same date. Nazara Technologies is India's only publicly listed gaming company with a diversified portfolio of businesses across interactive gaming, esports, and sports media. Its key businesses include Kiddopia, Animal Jam, Fusebox Games (Love Island, Big Brother), World Cricket Championship, and Sportskeeda. Nazara also operates Datawrkz, a digital ad tech business driving monetization and user acquisition. With a presence in India, North America, and other global markets, Nazara is building a gaming-first platform with strong IP, publishing, and operating capabilities. Powered by Capital Market - Live

Nazara Technologies announced the acquisition of 100% ownership in Curve Digital Entertainment (Curve Games), a highly reputed UK-based publisher of PC and console games for Rs 247 crore (GBP 21.7 million). This strategic move strengthens Nazara's presence in gaming, unlocking access to platforms, genres, and geographies in the US $100 bn+ global PC and console gaming market. The acquisition is consistent with Nazara's established business strategy of building a diverse portfolio of businesses through targeted acquisitions across interactive gaming and sports media. Curve Games brings a robust publishing track record, with globally recognized titles that have collectively seen over 100 million downloads. Its presence spans key gaming markets including North America, Asia Pacific, and Europe. In calendar year 2024, Curve generated Rs 263.5 crore (~GBP 24.4 million) in revenue, EBITDA of Rs 114.4 crore (~GBP 10.6 million) and PBT of Rs 49.6 crore (~GBP 4.6 million). Powered by Capital Market - Live

This strategic move strengthens Nazara's presence in gaming, unlocking access to platforms, genres, and geographies in the US $100 bn+ global PC and console gaming market. The acquisition is consistent with Nazara's established business strategy of building a diverse portfolio of businesses through targeted acquisitions across interactive gaming and sports media. Curve Digital Entertainment (Curve Games) brings a robust publishing track record, with globally recognized titles that have collectively seen over 100 million downloads. Its presence spans key gaming markets including North America, Asia Pacific, and Europe. In calendar year 2024, Curve generated Rs 263.5 crore in revenue, EBITDA of Rs 114.4 crore and PBT of Rs 49.6 crore. The acquisition is aligned with Nazara's ongoing efforts to strengthen its global publishing capabilities, and follows a series of similar strategic transactions executed over the years, reaffirming Nazara's commitment to long-term, value-driven growth through the gaming lifecycle. Curve's publishing capabilities in the PC and Console space and its diverse portfolio will accelerate Nazara's global ambitions and enable cross-platform IP development with long term value creation. Nitish Mittersain, CEO of Nazara Technologies, said: 'Curve's proven expertise in PC and Console publishing makes them an ideal partner as we expand our focus beyond mobile into high-quality, cross-platform gaming. This acquisition deepens our capabilities, brings exceptional IP into our fold, and strengthens our mission in building Nazara as a global gaming powerhouse from India. Curve will also serve as a gateway to the world for Indian game developers. Nazara is India's only listed gaming and e-sports company, with majority ownership of several leading gaming and esports brands with presence in India, the US, and other global markets. The company reported a 52.89% decline in consolidated net profit from continuing operations to Rs 13.68 crore on a 66.88% increase in revenue from operations to Rs 534.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Nazara Technologies will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

Nazara Technologies Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1157, up 4.73% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 3.26% on the day, quoting at 24790. The Sensex is at 81966.69, up 3.16%. Nazara Technologies Ltd has risen around 20.23% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has risen around 3.15% in last one month and is currently quoting at 1541.15, up 3.64% on the day. The volume in the stock stood at 10.51 lakh shares today, compared to the daily average of 6.16 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending December 24.Powered by Capital Market - Live

Nazara Technologies Ltd is up for a third straight session today. The stock is quoting at Rs 1084.9, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 24398.25. The Sensex is at 80781.52, up 0.04%. Nazara Technologies Ltd has gained around 11.9% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has gained around 4.91% in last one month and is currently quoting at 1524, up 1.82% on the day. The volume in the stock stood at 8.14 lakh shares today, compared to the daily average of 4.96 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending December 24.Powered by Capital Market - Live

The $1.25 million (~Rs 10.5 crore) all-cash deal will be executed through the company's U.S. arm, Sportskeeda Inc., and is expected to close within 45 days. The assets are being acquired from Titan Insider Digital. Founded in 2009 and 2020 respectively, TJRWrestling and ITRWrestling have built a loyal fan base among wrestling enthusiasts, drawing 1.7 million monthly active users and 4.6 million monthly pageviews ' largely from North America. In 2024, they generated revenue of $722K (~Rs 6.1 crore). This strategic acquisition strengthens Absolute Sports' leadership in combat sports media and expands Sportskeeda's footprint in the U.S., the heartland of pro-wrestling fandom. The integration is expected to boost fan engagement and open up new digital monetization avenues. Ajay Pratap Singh, CEO of Absolute Sports, commented: ITRWrestling and TJRwrestling are two of the most respected voices in the global wrestling community. This acquisition aligns perfectly with our vision to be the leading go-to destination for wrestling content worldwide. It also reinforces Absolute Sports' dedication to expanding its footprint in the fast-growing U.S. media market through a targeted and impactful M&A strategy. Nazara is India's only listed gaming and e-sports company, with majority ownership of several leading gaming and esports brands with presence in India, the US, and other global markets. The company reported a 52.89% decline in consolidated net profit from continuing operations to Rs 13.68 crore on a 66.88% increase in revenue from operations to Rs 534.69 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, announced today that it has signed definitive agreements, subject to closing conditions, to acquire two IPs, TJRWrestling.net and ITRWrestling.com. These business assets will be acquired from Titan Insider Digital. These IPs add to the already dominant global position of Absolute Sports in the combat sports publishing industry. TJRWrestling and ITRWrestling established in 2009 and 2020 respectively, have built a robust audience base within the wrestling fan community through their high-quality and in-depth combat sports news and content coverage. Together, they currently attract 1.7 million monthly active users and generate 4.6 million monthly pageviews, predominantly from North America. They generated $722K (~INR 6.1 crore) in revenue in 2024. The transaction, valued at $1.25 million (~INR 10.5 crore), will be an all-cash asset purchase via the company's U.S. subsidiary, Sportskeeda Inc., and is expected to close within the next 45 days. This strategic acquisition bolsters Sportskeeda's position in the combat sports segment and expands its presence in the U.S., home to the world's largest pro-wrestling fanbase. The integration of these platforms will also create deeper engagement opportunities for fans and advertisers across digital formats.Powered by Capital Market - Live

Winners Alliance, the commercial partner of the World Cricketers' Association (WCA), has announced a new licensing agreement with Nextwave Multimedia, a subsidiary of Nazara Technologies and the developer behind the popular World Cricket Championship (WCC) mobile game franchise. Through the partnership, Nextwave will integrate names, images and likenesses of over 500 WCA-affiliated professional cricketers into its WCC titles. With hundreds of millions of downloads across its six releases, WCC remains one of the most widely played games across platforms. Players currently incorporated in WCC3 include top international names, with additional athletes set to be introduced in May. The upcoming WCC4, scheduled for release later this year, will also feature stars such as Kagiso Rabada and Heinrich Klaasen from South Africa, Devon Conway and Tim Southee from New Zealand, Joe Root and Jos Buttler from England, Nicholas Pooran and Sunil Narine from West Indies, Rashid Khan from Afghanistan, and David Wiese from Namibia, in addition to players from Australia, Canada, Ireland, Zimbabwe, and the United States. 'Integrating over 500 of the world's top cricketers into WCC marks a significant milestone for us,' said Nitish Mittersain, Founder & CEO of Nazara Technologies. 'Our goal has always been to create deeply immersive and authentic sports gaming experiences. Featuring these renowned athletes brings the virtual game closer to reality, offering fans an unprecedented opportunity to engage with the sport' and their cricketing heroes'in a more personal and interactive way.' Nextwave's WCC franchise, launched in 2011, has grown to become one of the most downloaded cricket simulation games globally. Nazara Technologies, India's largest and only public gaming company, acquired Nextwave Multimedia in 2024. The agreement enables cricketers that are part of the Winners Alliance group licensing program to generate incremental off-field income and gain wider visibility. It also engages Nextwave Multimedia users, allowing them to play as their favourite cricketers.  Powered by Capital Market - Live