Nazara Technologies, the online gaming company based in Mumbai, reported a 95% year-on-year increase in operating revenue, reaching ₹520.2 crore in Q4 FY25, despite a rise in total expenses driven by higher marketing and employee-related costs.
The company posted a net profit of ₹4 crore for the quarter ended March 31, a significant jump from ₹0.18 crore recorded in the same quarter last year.
Nazara Technologies’ total expenses surged 85% year-on-year to ₹527.7 crore in Q4 FY25, primarily driven by a more than threefold jump in advertising and promotional costs, which rose to ₹151.03 crore. Additionally, employee benefit expenses increased sharply by 80.7%, reaching ₹79.9 crore.
The company’s esports segment continued to lead in revenue contribution, recording a 47% YoY growth during the quarter. Meanwhile, the gaming division posted a strong 72% revenue increase to ₹156.4 crore, and the adtech segment also reported positive growth.
Nazara Technologies is actively raising capital to support both organic growth and strategic acquisitions. As reported on April 18, the company has allocated ₹800–1,000 crore this year for inorganic expansion, specifically targeting global gaming studios with established intellectual properties and annual revenues of approximately ₹100 crore.
In line with this strategy, Nazara completed its largest international acquisition to date on May 20 by acquiring UK-based PC and console game publisher Curve Games for ₹247 crore, reinforcing its global expansion ambitions.
Nazara Technologies is demonstrating strong momentum through robust revenue growth, strategic investments, and international acquisitions. With a sharp focus on expanding its global footprint and strengthening its portfolio of gaming IPs, the company is well-positioned to capitalize on the rapidly evolving gaming landscape, both in India and abroad.