| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 405.97 | 22.9% | 24.1% |
| Total Income | 417.31 | 74.4% | 25.0% |
| Expenditure | 402.28 | 24.7% | 24.2% |
| PBT | 13.94 | 92.3% | 45.7% |
| Net Profit | 8.84 | 126.0% | 35.4% |
| OPM | 16.42% | 21.96pp | |
| NPM | 2.12% | 4.20pp | 0.40pp |
| EPS | 0.27 | 67.9% | 93.0% |
Nazara: Q3FY26 EBITDA grows 29.4% to INR 68 Cr, EBITDA margin of 16.7%
03 Feb 2026 · 3 Feb, 6:02 pm
Summary
Nazara Technologies Limited announced its financial results for Q3FY26 and 9MFY26. In Q3FY26, Nazara delivered revenue of INR 406 crores, with an EBITDA of INR 67.8 crores, up 29.4% YoY and margins expanding to 16.7%. For 9MFY26, revenue grew 29.7% YoY to INR 1,431.2 crores, while EBITDA increased 73% YoY to INR 177.2 crores, with margins expanding to 12.4%.
Key Highlights
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Q3FY26 EBITDA grows 29.4% to INR 68 Cr
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EBITDA margin of 16.7%
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Revenue of INR 406 crores in Q3FY26
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EBITDA of INR 67.8 crores in Q3FY26
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9MFY26 revenue grew 29.7% YoY to INR 1,431.2 crores
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9MFY26 EBITDA increased 73% YoY to INR 177.2 crores
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Kiddopia achieved a much-awaited resumption in subscriber growth
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Nazara expanded its IP footprint, including Animal Jam on Roblox
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NODWIN gaming delivered strong operational performance and profitability this quarter
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Board approved an investment in nCore Games and a primary capital infusion of up to INR 15 crores into Rusk Media
Management Comments
Nitish Mittersain
Nazara continued to make strong progress in building a global gaming company. The quarter was driven by disciplined execution, improving operating efficiency, and multiple growth engines across new launches, live content expansion, and platform extensions. We remain focused on disciplined capital allocation, including through strategic acquisitions where Nazara’s operating platform can accelerate scale, improve unit economics, and drive long-term value creation.
Informational and educational content only. Not investment advice.