Nazara’s High-Stakes IP Gamble Pays Off In Q1

Nazara’s Q1 FY26 net profit surged 117.6% YoY to INR 51.3 Cr, with operating revenue doubling to INR 498 Cr, driven by gaming and adtech growth

Acquisitions like Curve Digital and Fusebox boosted gaming revenue nearly 160% YoY to INR 241 Cr, supported by a diversified IP portfolio and global expansion

Nazara is reducing its stake in Nodwin Gaming to focus on core IP-led gaming and adtech, freeing capital but ceding control over the esports business