NAZARA Nazara Technologies Q2 FY26 results (Jul–Sep 2025) and concall
Nazara Technologies reported strong H1 and Q2 FY26 results with significant revenue and EBITDA growth across most segments, driven by scaling live operations and multi-platform monetization. However, Q2 PAT was negative due to the real money gaming ban and a substantial impairment of its investment in Moonshine Technologies and Freaks4U. The company is focusing on core gaming growth, leveraging centers of excellence, and expanding its D2C network, while navigating challenges in specific portfolio companies.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 7 | 13 | 20 | 18 |
| EBITDA | -13 | -4 | -1 | -19 |
| Net profit | 2 | 4 | 28 | -967 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





