Nazara Q1FY27 Revenue ₹429 Cr; Appoints New CEO, Acquires Bluetile/BestPlay
Nazara Technologies reported Q1FY27 consolidated revenue of INR 429 crore and EBITDA of INR 46 crore, with an EBITDA margin of 10.8%. Excluding the deconsolidated NODWIN Gaming, comparable revenue grew 9% YoY. The gaming segment saw revenue growth of 14% YoY to INR 275 crore with a 19.5% EBITDA margin. The company also announced the appointment of Raymond A. Stauffer as CEO, effective September 1, 2026, and accelerated its 100% acquisition of Bluetile and BestPlay for USD 303 million in an all-cash deal. Nitish Mittersain will continue as Founder and Managing Director.
Key Highlights
- Q1FY27 revenue at ₹429 Cr, EBITDA at ₹46 Cr.
- Gaming segment revenue up 14% YoY to ₹275 Cr.
- Raymond A. Stauffer appointed as new CEO.
- Acquisition of Bluetile and BestPlay accelerated for USD 303M.
- Consolidated revenue declined 14% YoY due to NODWIN deconsolidation.
Price Impact
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