Nazara Technologies, India’s leading gaming and esports company, has reported a 95% year-on-year (YoY) increase in revenue, reaching ₹520 crore in Q4 FY25, compared to ₹266 crore in the same period last year. The company’s net profit surged to ₹4 crore, marking a significant jump from ₹18 lakh in Q4 FY24.
Key Financial Highlights:
- Q4 Net Profit: ₹4 crore (↑ from ₹18 lakh YoY)
- Revenue Growth: ₹520 crore (↑95% YoY)
- EBITDA Improvement: ₹51 crore (↑74% YoY)
- Annual EBITDA: ₹153.5 crore (highest ever)
Growth Drivers & Strategic Expansion
Nazara Tech attributes its strong financial performance to robust momentum in its core gaming portfolio, particularly Fusebox and Animal Jam, along with improved unit economics in Kiddopia. The company also expanded its global footprint with the acquisition of UK-based Curve Games for ₹247 crore, its largest international deal to date.
Market Reaction & Future Outlook
Despite the strong revenue surge, Nazara Tech’s stock dropped nearly 3%, closing at ₹1,270 per share. However, the stock remains up 26% in 2025, reflecting investor confidence in its long-term growth strategy.
Leadership Insights
CEO Nitish Mittersain emphasized that FY25 was a pivotal year, marked by record profitability, deeper control across key businesses, and the successful execution of the Nazara 3.0 strategy.
With accelerated growth, strategic acquisitions, and a strong global presence, Nazara Tech is poised to dominate the gaming industry in India and beyond.
