Nazara Technologies Limited, a diversified gaming and sports media platform, has just wrapped up Q3 FY25 with a bang—reporting its highest-ever quarterly EBITDA of INR 52.4 crores on the back of record revenues totaling INR 534.7 crores. This remarkable performance reflects a 39% year-on-year rise in EBITDA, indicating that Nazara’s growth engine is in full swing. Despite the challenging market landscape, the company also clocked a PAT of INR 13.7 crores in the same period.
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Nazara’s Q3 FY25: Supercharged by Core Gaming and Acquisitions
Nazara’s core Gaming segment surged 53%, powered by strategic acquisitions—think Fusebox Games—and household hits like Animal Jam. But the growth story doesn’t end here. Strong licensing agreements and popular IP integrations are on the horizon, ensuring Nazara attracts new users and keeps existing gamers excited for what’s next.
Gaming Ecosystem Expansion
- CATS: Crash Arena Turbo Stars and King of Thieves: Nazara’s recent acquisitions. By publishing and operating these IPs directly, Nazara will benefit from all revenue and profits these beloved properties generate.
- Licensing Collaborations: From Mattel’s Barbie and Moonbug’s Little Angel to reality TV giants like Big Brother and Bigg Boss, Nazara’s partnerships bring in well-established fan bases, fueling diverse and engaging gameplay experiences.
Laying the Financial Foundation for Future Growth
To support its expansion strategy, Nazara is infusing INR 495 crores in capital through a preferential equity issue to Axana Estates LLP, led by renowned investors Arpit Khandelwal and Mithun Sacheti. This fresh wave of funding, combined with Nazara’s healthy cash reserves, gives the company the agility to:
- Fuel further acquisitions
- Develop new gaming IPs
- Accelerate growth across global markets
Vision from the Top
Nitish Mittersain, Jt Managing Director & CEO, encapsulated the company’s ambition beautifully:
“This quarter’s performance reflects our continued focus on execution and growth. By expanding our gaming ecosystem, partnering with globally recognized IPs, and driving high-impact acquisitions, we are well-positioned to establish Nazara as a truly global gaming leader from India.”
With each quarter, Nazara seems poised to redefine the gaming and interactive entertainment space. The leadership team’s unwavering focus on scaling operations, exploring new markets, and boosting efficiencies underscores the company’s commitment to shaping the future of gaming.
Final Thoughts
Nazara’s Q3FY25 results tell a story of ambition, resilience, and innovation. Their investments in new IPs, global partnerships, and continued brand collaborations highlight a visionary approach—one that is clearly paying off in their financial metrics. As the global gaming market scales new heights, Nazara stands ready to capitalize on emerging opportunities, positioning itself as a formidable force in the industry—both in India and around the world.
