Nazara Technologies Ltd.record ₹803 Cr revenue, EBITDA up 93% on Bluetile, BestPlay

Nazara Technologies' Q2 FY27 call, held on 27 October 2026, was the first as CEO for Raymond Stauffer and the first quarter to include Bluetile and BestPlay, consolidated from 1 August 2026.

Revenue was a record ₹803 crore, up 53%, EBITDA rose 93% to ₹120 crore at a 14.9% margin, and profit after tax from continuing operations was ₹35 crore against a loss of ₹34 crore a year ago. Gaming revenue rose 122% to ₹656 crore and was 82% of revenue, with existing studios growing 11% in revenue and 17% in EBITDA. Bluetile and BestPlay added ₹329 crore of revenue and ₹64 crore of EBITDA in two months. The acquisition is valued at about $303 million, with $85.5 million paid and about $100 million of debt to be raised.

Management gave no numeric guidance and said it will pursue qualitative growth. It expects a temporary AdTech dip in H2, shelved a WildWorks Roblox game and is open to exiting non-gaming businesses without a set timeline.