NAZARA NSE filing

Nazara Q2FY27 Revenue Surges 53% to ₹803 Crore; EBITDA Jumps 93% to ₹120 Crore

The RealCase readHigh impact Positive

Nazara Technologies reported a record Q2FY27 with revenue up 53% to ₹803 crore and EBITDA up 93% to ₹120 crore. Gaming revenue grew 122% to ₹656 crore. H1FY27 revenue reached ₹1,232 crore, up 20%. The company welcomed new CEO Raymond A. Stauffer and CFO Arun Agarwal.

Why it matters

The substantial increase in revenue and EBITDA, coupled with improved margins and the integration of new acquisitions, indicates a significant positive impact on the company's financial performance and market position.

The market read

The company reported record quarterly revenue and EBITDA growth, significantly improved profitability, and strong performance in its core gaming segment, indicating a positive financial trend.

Nazara Technologies Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a record quarterly revenue of ₹803 crore, a 53% year-over-year increase, with EBITDA growing by 93% to ₹120 crore. EBITDA margin expanded by 311 basis points to 14.9%. Profit after tax from continuing operations was ₹35 crore, a significant improvement from a loss of ₹34 crore in Q2FY26.

For the first half of FY27 (H1FY27), revenue grew by 20% to ₹1,232 crore, and EBITDA increased by 52% to ₹166 crore.

The gaming segment, which now constitutes 82% of consolidated revenue, saw a 122% year-over-year revenue growth to ₹656 crore, achieving a 21.5% EBITDA margin. Mobile gaming revenue grew by 167% to ₹550 crore.

Bluetile and BestPlay, consolidated from August 1, 2026, generated ₹329 crore in revenue and ₹64 crore in EBITDA in their first two months, with an EBITDA margin of 19.4%.

The company also announced significant leadership changes. Raymond A. Stauffer assumed the role of CEO on September 16, 2026. Mithun Sacheti joined as Executive Director on October 12, 2026, subject to shareholder approval, and Arun Agarwal joined as Chief Financial Officer on October 16, 2026.

Filing to action

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Nazara Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Nazara Technologies Limited. Read the original for the full detail.

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