Mumbai: Nazara Technologies on Tuesday reported a strong improvement in profitability for the December quarter, with EBITDA rising 29.4% year-on-year to ₹67.8 crore and margins expanding to 16.7%, as the gaming company leaned into profit-led growth and tighter capital discipline.
Revenue for Q3FY26 stood at ₹406 crore, while for the nine months ended December, revenue grew 29.7% year-on-year to ₹1,431.2 crore. EBITDA for the nine-month period surged 73% to ₹177.2 crore, with margins expanding to 12.4%, the company said in a press release.
Operationally, Kiddopia returned to subscriber growth, aided by Nazara’s centres of excellence across user acquisition, data analytics, growth and product. The company also expanded its IP footprint, including scaling Animal Jam on Roblox, while associate NODWIN Gaming delivered a strong quarter with improved profitability.
The board approved an investment in nCore Games, the developer of the made-in-India franchise FAU-G, and a primary capital infusion of up to ₹15 crore into Rusk Media, a mobile-first, IP-led entertainment platform focused on Gen-Z and Gen-A audiences. The company said the moves underscore its intent to back the domestic gaming ecosystem and build scalable platforms.
“Nazara continued to make strong progress in building a global gaming company,” joint managing director and CEO Nitish Mittersain said, adding that the quarter was driven by disciplined execution, improving operating efficiency and multiple growth engines across new launches, live content expansion and platform extensions. He said the company would stay focused on disciplined capital allocation, including selective acquisitions where its operating platform can accelerate scale and improve unit economics.
Nazara, India’s only listed gaming company, operates a portfolio spanning Curve Games, Kiddopia, Animal Jam, Fusebox Games, World Cricket Championship and Sportskeeda, alongside offline gaming businesses and its ad-tech arm Datawrkz, as it builds out a global gaming platform anchored in IP and publishing.