Nazara Tech Q3 results: Profit falls 35% to Rs 8.84 crore

Diversified gaming platform Nazara Technologies on Tuesday posted a 35.3 per cent decline in consolidated profit for the December quarter to Rs 8.84 crore as revenue from operations also fell.Revenue from operations fell 24 percent year-on-year to nearly Rs 406 crore, according to a BSE filing.

Net profit for Q3FY26 stood at Rs 8.84 crore, down 35.3 per cent over the corresponding period of the previous fiscal.

In the earnings release, the company said its board had also approved an investment in nCore Games, developers of the made in India franchise ‘FAU-G’, as well as a primary capital infusion of up to Rs 15 crore in Rusk Media, a mobile-first, IP-led entertainment platform for the Gen-Z and Gen-A audiences.

The investments underscore Nazara’s role in supporting the Indian gaming ecosystem, the company said.

Nitish Mittersain, Joint Managing Director and CEO of Nazara Technologies, said the company continues to make strong progress in building a global gaming business.

“The quarter was driven by disciplined execution, improving operational efficiencies and multiple growth drivers across new launches, live content expansion and platform extensions,” said Mittersain.

Mittersain added: “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.”