Mumbai: Nazara Technologies Limited (“Nazara”), a diversified global gaming platform, announced its financial results for Q3FY26 and 9MFY26, reporting strong growth across revenue, profitability, and operating margins.
For Nazara Q3FY26, the company reported revenue of ₹406 crore, while EBITDA rose 29.4% year-on-year to ₹67.8 crore.
EBITDA margins expanded to 16.7% during the quarter, reflecting improved operating efficiency and disciplined execution.
For the nine-month period ended December 2025 (9MFY26), Nazara recorded revenue growth of 29.7% year-on-year to ₹1,431.2 crore.
EBITDA for the period increased 73% year-on-year to ₹177.2 crore, with margins expanding to 12.4%.
Also Read: Nazara Q2 FY2026: Revenue Up 65.1 Per Cent to INR 526.5 Crore, EBITDA Surges 146.4 Per Cent
Nazara Q3FY26 Sees Momentum Across Core Gaming and IP Portfolio
During Nazara Q3FY26, Kiddopia achieved a much-awaited resumption in subscriber growth, driven by Nazara’s Centres of Excellence in User Acquisition, Data Analytics, Growth, and Product.
The company also continued to expand its intellectual property footprint, including Animal Jam on Roblox, enabling new platform-led growth opportunities.
Nazara’s associate company, NODWIN Gaming, delivered strong operational performance and achieved profitability during the quarter, contributing positively to the group’s overall performance.
Nazara Q3FY26 Strategic Investments Strengthen Gaming Ecosystem
As part of its long-term growth strategy in Nazara Q3FY26, the board approved an investment in nCore Games, developers of the made-in-India gaming franchise ‘FAU-G’.
In addition, the company approved a primary capital infusion of up to ₹15 crore into Rusk Media, a mobile-first, IP-led entertainment platform catering to Gen-Z and Gen-A audiences.
Also Read: Nazara Technologies Q1 FY26: EBITDA Up 90 Per Cent, Board Approves Stock Split and Bonus Issue
These investments reinforce Nazara’s commitment to strengthening and supporting the Indian gaming and digital entertainment ecosystem.
Commenting on the results, Nitish Mittersain, Joint Managing Director & CEO of Nazara Technologies, said, “Nazara continued to make strong progress in building a global gaming company. The quarter was driven by disciplined execution, improving operating efficiency, and multiple growth engines across new launches, live content expansion, and platform extensions.
We remain focused on disciplined capital allocation, including through strategic acquisitions where Nazara’s operating platform can accelerate scale, improve unit economics, and drive long-term value creation.”
