Nazara Technologies Ltd is up for a fifth straight session today. The stock is quoting at Rs 1042.25, up 1.62% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 24710.8. The Sensex is at 81821.37, up 0.07%. Nazara Technologies Ltd has gained around 11.44% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has gained around 3.84% in last one month and is currently quoting at 2083.95, down 0.21% on the day. The volume in the stock stood at 2.58 lakh shares today, compared to the daily average of 4.67 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending September 24.Powered by Capital Market - Live

Nazara and Lysto have signed a Letter of Intent to launch The Growth Protocol, an L1 infrastructure layer, purpose-built for digital marketing and growth applications on the blockchain. The Growth Protocol is a purpose-built L1 blockchain and a collaboration between Nazara Technologies FZ LLE, a 100% owned subsidiary of Nazara Techologies that is India's only publicly listed gaming company, and Lysto, the gaming world's one-stop shop funded by leading VCs like Hashed, SquarePeg, Tiger Global, Distributed Global, Beenext, and prominent angels like Balaji Srinivasan, Sandeep Nailwal, Jaynti Kanani, Bobby Ong, and T.M. Lee. Designed to revolutionize the digital marketing landscape, The Growth Protocol aims to bring greater transparency, equity, and monetary benefits to all participants in the Web3 marketing ecosystem. By leveraging blockchain technology, the protocol empowers users through decentralization to take control of their digital identities and participate in decentralized, trustless interactions. The Growth Protocol makes its public debut at India Blockchain Week, a significant event for the Web3 community globally. Alongside a private testnet launch, the team released a proof-of-concept loyalty dApp for game marketing, showcasing the practical application of Web3 technology in the gaming industry.Powered by Capital Market - Live

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private, a leader in indoor soft play centers for children, for Rs 43.7 crore. Funky Monkeys operates 11 centers across India, offering interactive play experiences for children. The company will also invest Rs 4.2 crore for a 4.7% stake in Learntube.ai, an AI-powered platform revolutionizing education with 1:1 interactive and gamified learning. Catering to over 20 lakh learners, LearnTube is the world largest personalised learning platform that offers affordable, interactive gamified learning experiences for professional skilling. Nazara will invest Rs 148 crore in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth. Nitish Mittersain said: 'Nazara is committed to building the largest diversified gaming and entertainment platform out of India and many of our initiatives announced today are geared towards propelling profitable growth in these strategic areas of our interest.' Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions. Nazara Technologies reported a 47.56% decline in consolidated net profit from continuing operations to Rs 11.80 crore despite 7.3% increase in revenue from operations to Rs 318.94 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Nazara Technologies has unveiled a series of strategic investments aimed at solidifying its position in the gaming and entertainment ecosystems. Nazara has announced new Investments in Funky Monkeys & Learntube.ai Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, a leader in indoor soft play centers for children, for Rs 43.7 crore. Funky Monkeys operates 11 centers across India, offering interactive play experiences for children. Nazara will also invest Rs 4.2 crore for a 4.7% stake in Learntube.ai, an AI-powered platform revolutionizing education with 1:1 interactive and gamified learning. Catering to over 20 lakh learners, LearnTube is the world largest personalised learning platform that offers affordable, interactive gamified learning experiences for professional skilling. Nazara has Increased its shareholding of existing companies Nazara will invest Rs 148 crore in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth. ' Nodwin Gaming: Nazara will invest Rs 64 crore through subscription of Optionally Convertible Preference Shares to bolster Nodwin's growth. The funds will support Nodwins expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets. ' Absolute Sports (Sportskeeda): Nazara will invest Rs 69 crore to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100% in the company making it a wholly owned subsidiary. ' Datawrkz: Nazara granted in-principle approval for an investment of Rs 15 crore in Datawrkz through the subscription of Compulsorily Convertible Cumulative Preference Shares to support ongoing growth of Datawrkz. Powered by Capital Market - Live

Trinity is a company incorporated in India on 14, February 2020 and it is engaged in the gaming & sports entertainment business. Trinity leads with gaming talent to help build unique experiences for brands. Trinity's platform partnership with Youtube as an MCN and with Meta (Facebook) as a CSP allows it to support 100s of influencers and create better impact and revenue on popular platforms. The company posted a turnover of Rs 24.39 crore in FY24. According to the regulatory filing, NODWIN Gaming has entered into a share purchase agreement with Trinity's founders, Abhishek Aggarwal and Shivam Rao, to acquire 100% of the equity share capital of Trinity Gaming India. The total consideration for the acquisition is Rs 24 crore, which will be paid partly in cash up to Rs 4.80 crore and the balance of Rs 19.20 crore through an equity share swap. The acquisition is expected to be completed within 60 days. After the completion of acquisition, Trinity Gaming will become a wholly owned subsidiary of NODWIN Gaming and a step-down subsidiary of Nazara Technologies. The transaction is not considered a related party transaction and the company's promoters or group companies do not have any interest in Trinity. With this acquisition, NODWIN Gaming strengthens its talent management and agency business capabilities. It is able to serve its brand and publisher customers with curated talent based services, giving it a larger share of wallet of the customer marketing spends. It will expand these offerings to all of NODWIN Gaming's emerging markets reach. Akshat Rathee, Co-Founder of NODWIN Gaming, commented, 'Trinity Gaming has been a long-time partner and ally in the gaming ecosystem, and we've shared a strong relationship with Abhishek, Shivam, and their incredible team over the years. We are thrilled to welcome Trinity Gaming into the NODWIN Gaming family. Trinity's deep understanding of India's gaming creator ecosystem, coupled with their expertise in brand partnerships, agency activations, content creation, and community engagement, will be pivotal in further strengthening our footprint in the region. This acquisition allows us to offer more holistic solutions to our partners, from content creation to marketing services, while continuing to build a thriving gaming ecosystem in India.' Abhishek Aggarwal, Co-Founder of Trinity Gaming, stated: 'Joining forces with NODWIN Gaming is a momentous step for us. The synergy between our teams will accelerate our vision of creating unmatched opportunities for content creators in India, expanding the gaming ecosystem while helping brands connect more deeply with this highly engaged audience. We are excited about the future and the immense growth that lies ahead.' Shivam Rao, Co-Founder of Trinity Gaming, added: 'With NODWIN Gaming's unparalleled expertise in esports and global reach, coupled with our focus on creators and brand partnerships, we are poised to deliver innovative and compelling solutions for the gaming community in India. This acquisition marks the beginning of a new era of opportunities for creators, and brands alike.' Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions. Nazara Technologies reported a 47.56% decline in consolidated net profit from continuing operations to Rs 11.80 crore despite 7.3% increase in revenue from operations to Rs 318.94 crore in Q2 FY25 over Q2 FY24. The scrip slipped 1.76% to Rs 1,002.90 on the BSE. Powered by Capital Market - Live

NODWIN Gaming, a material subsidiary of Nazara Technologies, announced the acquisition of Trinity Gaming, a leading gaming agency and platform MCN/ CSP in a deal valued at Rs 24 crore. This acquisition will see Trinity Gaming become a fully owned subsidiary of NODWIN Gaming, marking a significant step in expanding its reach and capabilities within the Indian gaming and content ecosystem. The acquisition of 100% of the share capital of Trinity will be a combination of secondary sale and stock swap of NODWIN Gaming shares for a total consideration of upto INR 24 Crores. The consideration would be payable partly by way of Cash consideration upto INR 4.8 Crores and balance INR 19.2 Crores by way of swap of equity shares of Nodwin Gaming. As part of this transaction, the founders would become shareholders of NODWIN Gaming and continue to lead the business going forward. Founded in 2019 by entrepreneurial duo Abhishek Aggarwal and Shivam Rao, Trinity Gaming has quickly established itself as a cornerstone in India's gaming influencer ecosystem. Trinity Gaming is a Creator Service Provider (CSP) for Meta and the only Gaming MCN (Multi-channel Network) for YouTube in Gaming in India, managing over 1,000 creators from across the country, with prominent partnerships with global brands such as Samsung, Realme, iQOO, and Krafton. Trinity's expertise in content creation, digital marketing, and agency activations makes it a valuable addition to NODWIN Gaming's portfolio, enhancing its ability to forge impactful partnerships with gaming creators and brands. NODWIN Gaming will expand the portfolio of Trinity to other emerging markets such as Africa, SE Asia, Central Asia and Middle East across existing businesses and verticals of NODWIN Gaming. NODWIN Gaming will also merge its Unpaused Talent business with Trinity and have the founders of Trinity lead it. Powered by Capital Market - Live

Nazara Technologies Ltd rose for a third straight session today. The stock is quoting at Rs 928.35, up 1.79% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 23553.1. The Sensex is at 77510.02, down 0.09%. Nazara Technologies Ltd has added around 3.17% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has added around 3.5% in last one month and is currently quoting at 1924.4, down 0.49% on the day. The volume in the stock stood at 2.71 lakh shares today, compared to the daily average of 3.72 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending June 24.Powered by Capital Market - Live

Profit before tax (PBT) rose 2.4% YoY to Rs 21.75 crore during the quarter. EBITDA fell 9.8% to Rs 25.2 crore in Q2 FY25 as compared with Rs 27.9 crore posted in corresponding quarter last year. EBITDA margin stood at 7.9% in Q2 FY25 as against 9.4% in Q2 FY24. The company's segment revenue from gaming business stood at Rs 114.05 crore (up 9.34% YoY), revenue from eSports business was at Rs 181.76 crore, (up 5.66% YoY), while Ad tech segment revenue stood at Rs 24.13 crore (up 7.1% YoY) during the period under review. Meanwhile, the company's board has approved the merger of Paperboat Apps with itself. Paperboat is an indie studio engaged in designing, developing and publishing world class edutainment apps for kids. Paperboat are the makers of Kiddopia ' India's largest subscription based edutainment app for early learners Kiddopia, offers interactive games and activities that foster cognitive development, selfexpression and also social-emotional learning in early age Kids. As on 30 September 2024, the company's total income stood at Rs 97.85 core. The proposed amalgamation of Paperboat Apps with NazaraTech is expected to create greater efficiency due to the consolidation of operations, pooling and more effective utilisation of the combined resources of the said companies, reduction in overheads, costs and expenses, economies of scale, elimination of duplication of work and rationalization and reduction of compliance requirements. The merger could strengthen the brand value of both companies by combining their reputations and unique selling propositions, leading to better market recognition and customer trust. Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions.Powered by Capital Market - Live

Net profit of Nazara Technologies rose 10.85% to Rs 21.97 crore in the quarter ended September 2024 as against Rs 19.82 crore during the previous quarter ended September 2023. Sales rose 7.30% to Rs 318.94 crore in the quarter ended September 2024 as against Rs 297.24 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales318.94297.24 7 OPM %7.508.98 - PBDT47.4936.32 31 PBT21.7521.24 2 NP21.9719.82 11 Powered by Capital Market - Live

gCommerce is an in-game monetization platform designed to address low in-app purchase conversion rates and poor advertising yields for Indian game developers. By integrating e-commerce within games, Nazara and ONDC aim to provide developers with new, scalable revenue streams. Game developers can earn a commission on transactions initiated by players through the gCommerce platform, leveraging an affiliate revenue-sharing model. The platform is currently in soft launch and will be rolled out to developers starting in Q1FY26. ONDC, an initiative of the Indian government, seeks to revolutionize digital commerce by creating an open, unbundled, and interoperable network. It aims to facilitate the penetration of retail e-commerce in India. Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions. Nazara's consolidated net profit (from continuing operations) increased 13.23% to Rs 23.62 crore in Q1 FY25 from Rs 20.86 crore reported in Q4 FY23. Revenue from operations stood at Rs 250.08 crore in Q1 FY25, down 1.71% from Rs 254.43 crore reported in the same period a year ago. Powered by Capital Market - Live