Colab Platforms Aligns with Government's E-Sports Vision, Poised for Growth

1 min read     Updated on 23 Aug 2025, 04:37 PM
scanx
Reviewed by
Ashish ThakurBy ScanX News Team
whatsapptwittershare
Overview

Colab Platforms Limited, a leading Indian tech, sports, and gaming company, has announced its alignment with the government's vision to establish India as an e-sports powerhouse. This follows the passage of the Promotion and Regulation of Online Gaming Bill, 2025 by the Lok Sabha on August 20, 2025. The bill recognizes e-sports as a legitimate competitive sport while banning real-money online games. India's e-sports sector is projected to contribute over Rs. 1,100.00 crore to the economy by 2025, with over 1.50 million e-sports athletes. Colab Platforms aims to provide platforms for gamers to showcase skills and participate in structured tournaments, focusing on talent and competitiveness rather than monetary stakes.

17492842

*this image is generated using AI for illustrative purposes only.

Colab Platforms Limited , India's leading tech, sports, and gaming company, has announced its alignment with the government's vision to establish India as an e-sports powerhouse. This strategic move follows the recent passage of the Promotion and Regulation of Online Gaming Bill, 2025 by the Lok Sabha on August 20, 2025.

Key Developments

  • The Board of Directors of Colab Platforms Limited approved the alignment during a meeting on August 23, 2025.
  • The new bill recognizes e-sports as a legitimate competitive sport while banning real-money online games.
  • The legislation aims to promote e-sports growth through various initiatives, including guidelines for event organization, establishment of training academies and research centers, and incentive schemes for innovation.

Market Potential and Economic Impact

The e-sports sector in India is poised for significant growth:

  • Projected contribution to India's economy: Over Rs. 1,100.00 crore by 2025
  • Estimated number of e-sports athletes in India: Over 1.50 million and growing
  • Global e-sports market value: Surpassed $1.70 billion in 2024, with projections reaching over $6.00 billion by 2030

Company's Perspective

Puneet Singh, Managing Director of Colab Platforms Limited, emphasized the importance of this development:

"E-sports is more than entertainment – it is a career pathway, a platform for discipline, and a bridge to global recognition for India's youth. We welcome the Government's forward-thinking decision and are proud to align our initiatives with this vision."

Colab Platforms' Role

As a pioneer in integrating technology with sports management and gaming, Colab Platforms aims to:

  • Provide platforms that empower gamers to showcase their skills
  • Enable gamers to gain recognition and participate in structured tournaments
  • Focus on talent and competitiveness rather than monetary stakes

Government's Initiatives

The Promotion and Regulation of Online Gaming Bill, 2025 sets a progressive framework that:

  • Prohibits harmful money-gaming services
  • Recognizes e-sports as a legitimate competitive sport
  • Promotes e-sports growth through various measures
  • Integrates e-sports into broader sporting policies

Looking Ahead

With the formal recognition of e-sports as a legitimate competitive sport and the creation of structured pathways for its growth, India is positioning itself to emerge as a global powerhouse in the e-sports arena. Colab Platforms Limited, with its expertise in technology and gaming, is well-positioned to play a significant role in this emerging landscape.

As the e-sports industry continues to evolve from a niche subculture to a billion-dollar global industry, companies like Colab Platforms are at the forefront of driving innovation and growth in this exciting sector.

Historical Stock Returns for Colab Platforms

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+10.37%+48.36%+143.75%+839.61%+7,245.19%
Colab Platforms
View in Depthredirect
like15
dislike

Colab Platforms Reports Revenue Generation and Profit in Q1 FY2026

1 min read     Updated on 16 Aug 2025, 03:56 PM
scanx
Reviewed by
Ashish ThakurBy ScanX News Team
whatsapptwittershare
Overview

Colab Platforms Limited, formerly Colab Cloud Platforms Limited, reported its Q1 FY2026 results. The company generated total income of Rs. 63.67 lakhs, compared to nil revenue in Q1 FY2025. Net profit after tax reached Rs. 29.03 lakhs, reversing a loss of Rs. 0.30 lakhs from the previous year. Earnings per share improved to Rs. 0.08. The company's transition to revenue generation and profitability marks a significant turnaround in its financial performance.

16885589

*this image is generated using AI for illustrative purposes only.

Colab Platforms Limited, formerly known as Colab Cloud Platforms Limited, has reported its first quarter results for the fiscal year 2026, marking a significant turnaround in its financial performance.

Financial Highlights

The company has reported total income from operations of Rs. 63.67 lakhs for Q1 FY2026, compared to nil revenue in the same quarter of the previous fiscal year. This marks Colab Platforms' entry into revenue generation, signaling a positive shift in its business operations.

In a notable turnaround, Colab Platforms achieved a net profit after tax of Rs. 29.03 lakhs in Q1 FY2026, reversing from a loss of Rs. 0.30 lakhs in the corresponding quarter of the previous year. This improvement in profitability demonstrates the company's ability to effectively monetize its operations.

Key Performance Metrics

Metric Q1 FY2026 Q1 FY2025
Total Income 63.67 0.00
Net Profit/(Loss) 29.03 (0.30)
Earnings Per Share (EPS) 0.08 0.00
Equity Share Capital 375.90 375.90

All figures in Rs. lakhs, except EPS in Rs.

Corporate Update

Colab Platforms Limited has undergone a name change from Colab Cloud Platforms Limited. This rebranding could potentially indicate an expansion of the company's focus beyond cloud platforms.

Conclusion

Colab Platforms Limited's Q1 FY2026 results demonstrate a promising start to the fiscal year, with the company successfully transitioning from a non-revenue generating entity to one with both revenue and profitability. The significant improvement in financial performance, including the generation of revenue and profit, marks a positive shift in the company's operations.

Note: The financial results are based on the standalone figures provided in the company's regulatory filing.

Historical Stock Returns for Colab Platforms

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+10.37%+48.36%+143.75%+839.61%+7,245.19%
Colab Platforms
View in Depthredirect
like18
dislike
More News on Colab Platforms
Explore Other Articles
76.39
+1.49
(+1.99%)