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NODWIN Gaming turns EBITDA profitable in FY26 and signals IPO readiness after INR 658 crore revenue jump
Business
Published on 13 May 2026
EBITDA swings from loss to profit after restructuring
NODWIN Gaming posted consolidated revenue of INR 658 crore in FY26, up 25% organically year-on-year, and reported an EBITDA profit of INR 21 crore after an EBITDA loss of INR 14 crore in FY25. The turnaround followed portfolio restructuring, including de-consolidating Freaks4U, alongside stronger live, content and IP performance as the company accelerates IPO readiness.
- FY26 revenue rose 25% to INR 658 crore
- EBITDA flipped to a INR 21 crore profit from a loss
- Profitability improved after de-consolidating loss-making Freaks4U
- Company says it is strengthening leadership and capital strategy for IPO
Read the full story at IndianWeb2
This summarization was done by Beige for a story published on 
IndianWeb2