CONNECT WITH US
Funding Tracker

Funding Tracker

Nazara returns to profit in Q2 FY27; advertising accounts for 54% of total cost

Entrackr logo

Published on

Add as a preferred source on Google
Nazara returns to profit in Q2 FY27; advertising accounts for 54% of total cost

Nazara Technologies, a gaming and sports media company, reported a 52.7% year-on-year increase in operating revenue in Q2 FY27 and returned to profitability despite a 3.6-fold jump in advertising expenses.

The company’s operating revenue increased 52.7% to Rs 803 crore in Q2 FY27 from Rs 526 crore in Q2 FY26, according to its unaudited financial statements filed with the National Stock Exchange.

52On a half-yearly basis, Nazara’s operating revenue grew 20.2% to Rs 1,232 crore in H1 FY27 from Rs 1,025 crore in H1 FY26.

Gaming remained the largest revenue contributor, accounting for 81.7% of operating revenue. Revenue from the segment jumped 2.22X to Rs 656 crore in Q2 FY27 from Rs 296 crore in the year-ago quarter.

Meanwhile, revenue from the ad-tech business declined 13.9% to Rs 124 crore from Rs 144 crore. The esports segment also reported a 73.6% drop in revenue to Rs 23 crore from Rs 87 crore during the same period.

Advertising and business promotion emerged as the largest cost for the firm, which surged 3.6 times to Rs 417 crore in Q2 FY27 from Rs 116 crore in Q2 FY26. Employee benefit expenses increased 9.2% to Rs 85.21 crore from Rs 78 crore during the same period.

56 crore from Rs 61 crore. 5 crore from Rs 68 crore.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.