Nazara Technologies Ltd reported a robust Q1 FY26 performance, with net profit more than doubling to ₹51.34 crore, up from ₹23.6 crore in the same quarter last year. The surge was supported by a 99.5% year-on-year increase in revenue, which reached ₹498.7 crore, driven by strong traction across its gaming and digital platforms.
EBITDA rose 87.4% to ₹47.2 crore from ₹25.2 crore, while EBITDA margin slightly dipped to 9.5% compared to 10% in Q1 FY25.
In a move aimed at boosting liquidity and widening retail participation, the Board approved a stock split and a 1:1 bonus issue. The company will sub-divide each ₹4 share into two shares of ₹2 face value, followed by a ₹2 bonus share for every ₹2 share held. The record date for the bonus issue will be announced soon.
The Board also cleared an increase in authorised share capital from ₹50 crore to ₹80 crore, along with necessary amendments to the Memorandum of Association. All corporate actions are subject to shareholder approval via postal ballot.
Significant boardroom changes were also announced. Rohit Sharma was appointed as Whole-time and Executive Director for a five-year term starting August 13, 2025. He brings deep experience in gaming and digital media. Meanwhile, Rajiv Agarwal resigned as Non-Executive Non-Independent Director due to professional commitments. The Board acknowledged his valuable contributions.
Nazara’s strong quarter reinforces its momentum in India’s growing digital entertainment space.
