Nazara: Q2FY26 Revenues grow 65.1% to INR 526.5 Cr, EBITDA grows 146.4% To INR 62 Cr

Nazara Technologies Limited, a diversified global gaming platform, announced its financial results for Q2 and H1FY26. The company reported revenues of INR 1,025.2 crore for H1FY26, growing 80.2% year-on-year, and EBITDA of INR 109.4 crore, an increase of 118.5% year-on-year. In Q2FY26, the company delivered revenues of INR 526.5 crore, up 65.1% year-on-year, and EBITDA of INR 62.0 crore, growing 146.4% year-on-year. The growth was led by improving retention, deeper LiveOps engagement, and cross-platform distribution across mobile, console, and PC. However, the company recorded an impairment on its investment in Moonshine Technologies (PokerBaazi) and Nazara’s stake in Nodwin Gaming reduced below 50%, resulting in de-subsidiarization of the business.