Nazara Technologies' Q1 FY 2026-27 Quarterly Results

Result Summary

• Nazara Technologies Ltd reported a 2.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 24.0%.
• Its expenses for the quarter were up by 22.4% QoQ and down 12.6% YoY.
• The net profit decreased 248.1% QoQ and decreased 326.4% YoY.
• The earnings per share (EPS) of Nazara Technologies Ltd declined at 2.16 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 leading mobile gaming company headquartered in India. The company operates in the digital gaming and sports media industry, offering a wide range of interactive gaming products and services. Nazara Technologies is known for its diverse portfolio, which includes subscription-based services, freemium games, and esports platforms. The company has positioned itself prominently in the mobile gaming market, serving a vast user base across different geographies. Recently, Nazara Technologies has been involved in expanding its footprint through strategic partnerships and acquisitions, aiming to strengthen its market presence and enhance its service offerings.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Nazara Technologies Ltd reported a total income of ₹437.55 crores. This reflects a quarter-over-quarter (QoQ) decline of 2.4% compared to the previous quarter (Q4FY26), where the total income was ₹448.47 crores. Additionally, on a year-over-year (YoY) basis, there is a significant decrease of 24.0% from Q1FY26, where the total income was ₹575.87 crores. The reduction in revenue both sequentially and annually points to variations in the company's income generation during this period.

Profitability

The financial performance in terms of profitability has shown a downturn in Q1FY27. The company recorded a loss before tax of ₹17.82 crores, contrasting with a profit of ₹72.98 crores in Q4FY26, marking a QoQ change of -124.4%. Compared to the same quarter in the previous year (Q1FY26), where the profit before tax was ₹54.87 crores, the YoY change is -132.5%. The profit after tax for Q1FY27 stands at a loss of ₹82.47 crores, which is a substantial decline from a profit of ₹55.70 crores in Q4FY26 and ₹36.42 crores in Q1FY26, showing a QoQ change of -248.1% and a YoY change of -326.4%, respectively. The earnings per share fell from ₹1.27 in Q4FY26 to -₹2.16 in Q1FY27, reflecting a QoQ change of -270.1%, and a YoY change of -135.8% from ₹6.04 in Q1FY26.

Operating Metrics

The operating metrics for Nazara Technologies Ltd reveal an increase in total expenses. In Q1FY27, the total expenses amounted to ₹455.37 crores, which represents a QoQ increase of 22.4% from ₹371.91 crores in Q4FY26. When compared to the previous year (Q1FY26), where total expenses were ₹521.00 crores, there is a YoY decrease of 12.6%. The tax component for Q1FY27 is noted at ₹2.24 crores, whereas in Q4FY26, there was a tax credit of -₹13.24 crores, marking a QoQ change of -116.9%. Compared to Q1FY26, where the tax was -₹5.80 crores, the YoY change is -138.6%. These metrics highlight the shifting dynamics in the company's operational cost structure over the periods analyzed.