Updated Jun 1, 2026 by Nazara Technologies
Nazara Technologies reported FY 2025-26 consolidated operating revenue of ₹39.78 billion and net profit before tax of ₹4.25 billion, reflecting a decline driven by higher operating expenses and reduced gaming segment revenue.
Regulatory impacts from the 2025 Gaming Act forced the cessation of online-money gaming for certain subsidiaries, resulting in impairment charges of ₹98.9 crore and ₹41 crore.
The company withdrew its previously filed amalgamation scheme with Paper Boat Apps as part of a strategic shift in corporate structure.
Total consolidated assets reached ₹437.12 billion, though cash and equivalents saw a sharp decline due to significant investing outflows during the fiscal year.
The gaming segment remains the company's largest asset holder at ₹134.1 billion, supported by ongoing contributions from e-sports and ad-tech divisions.
Governance changes include the appointment of two new directors, the reassignment of the founding chairman to a non-executive role, and the appointment of MAKK & CO. as internal auditors for FY 2026-27.
Despite quarterly operating losses of ₹94,321 lakhs, the company maintains a robust standalone net worth of ₹224 crore and is utilizing warrant issuances and share-based acquisitions to sustain growth.
Nazara Technologies reported FY 2025-26 consolidated operating revenue of ₹39.78 billion and net profit before tax of ₹4.25 billion, reflecting a decline driven by higher operating expenses and reduced gaming segment revenue.
Regulatory impacts from the 2025 Gaming Act forced the cessation of online-money gaming for certain subsidiaries, resulting in impairment charges of ₹98.9 crore and ₹41 crore.
The company withdrew its previously filed amalgamation scheme with Paper Boat Apps as part of a strategic shift in corporate structure.
Total consolidated assets reached ₹437.12 billion, though cash and equivalents saw a sharp decline due to significant investing outflows during the fiscal year.
The gaming segment remains the company's largest asset holder at ₹134.1 billion, supported by ongoing contributions from e-sports and ad-tech divisions.
Governance changes include the appointment of two new directors, the reassignment of the founding chairman to a non-executive role, and the appointment of MAKK & CO. as internal auditors for FY 2026-27.
Despite quarterly operating losses of ₹94,321 lakhs, the company maintains a robust standalone net worth of ₹224 crore and is utilizing warrant issuances and share-based acquisitions to sustain growth.