Nazara Technologies Limited informs the Exchange about Transcript of Earnings Call.

Nazara reported FY26 revenue of INR 1,829 crores (up 13% YoY) and record EBITDA of INR 255 crores (up 66%), with margins expanding to 13.9%. Q4 EBITDA margin reached 19.5%, nearly doubling YoY. Gaming now contributes 90% of EBITDA (vs 56% in FY25), with gaming EBITDA margins at 24.7%. The company completed its largest acquisition to date - Bluetile and BestPlay - which will be consolidated from Q1 FY27; Bluetile had CY25 revenue of ~INR 1,460 crores and EBITDA of INR 254 crores. Management indicated strong bullishness on FY27 performance driven by Centers of Excellence initiatives and AI implementation, though no specific guidance was provided. The company also indicated plans to potentially monetize non-core businesses (NODWIN, Sportskeeda, AdTech) in FY27-28 to redeploy capital into core gaming.