Nazara Technologies' Q1 FY 2025-26 Quarterly Results

Result Summary

• Nazara Technologies Ltd reported a 89.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 108.9%.
• Its expenses for the quarter were up by 100.9% QoQ and 116.2% YoY.
• The net profit increased 113.6% QoQ and increased 54.2% YoY.
• The earnings per share (EPS) of Nazara Technologies Ltd stood at 6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Nazara Technologies Ltd is a prominent player in the digital entertainment industry, primarily focusing on interactive gaming and sports media. The company's portfolio includes a diverse range of products and services, such as mobile games, e-sports, and gamified learning solutions. Nazara Technologies has established itself as a significant force in the gaming sector, particularly in emerging markets. The company is known for its innovative approach to gaming and sports media, aiming to capture a broad audience with its engaging content. As of the latest period, the company continues to expand its offerings and broaden its market reach, although specific recent developments were not provided in the data.

Revenue

In Q1FY26, Nazara Technologies Ltd reported a total income of ₹575.87 crores, representing a substantial increase compared to both the previous quarter and the same quarter last year. Specifically, there was an 89.5% increase quarter-over-quarter (QoQ) from ₹303.90 crores in Q4FY25, and a 108.9% increase year-over-year (YoY) from ₹275.65 crores in Q1FY25. This significant growth in revenue suggests a strong performance period, highlighting the company's ability to generate increased sales and income over the past year. The revenue growth metrics highlight Nazara Technologies' robust position in the market during this quarter.

Profitability

Nazara Technologies Ltd achieved a profit before tax of ₹54.87 crores in Q1FY26, which is a notable increase from both Q4FY25 at ₹18.94 crores and Q1FY25 at ₹34.70 crores. The QoQ growth was 189.7%, while the YoY growth was 58.1%, indicating a marked improvement in pre-tax profitability. The company's tax expense for Q1FY26 was reported as -₹5.80 crores, a significant change from ₹10.41 crores in Q1FY25, indicating a negative tax expense possibly due to adjustments or credits. Profit after tax stood at ₹36.42 crores in Q1FY26, reflecting an increase of 113.6% QoQ and 54.2% YoY, underscoring the company's enhanced net profitability.

Operating Metrics

Earnings per share (EPS) for Nazara Technologies Ltd in Q1FY26 was ₹6.00, a significant increase from ₹1.10 in Q4FY25 and ₹3.00 in Q1FY25. This represents a 445.5% QoQ increase and a 100.0% YoY increase, indicating a substantial rise in shareholder value per share over these periods. Total expenses for Q1FY26 were ₹521.00 crores, which have increased by 100.9% QoQ from ₹259.30 crores and by 116.2% YoY from ₹240.93 crores. The financial data suggests a substantial escalation in expenses accompanying the income growth, yet the increased profitability metrics indicate effective management of these rising costs.