Nazara Tech Reports Rs 82.5 Crore Q1 Loss, CEO Nitish Mittersain to Resign

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Finance

4 August 2026 at 11:45 am

Nazara Tech Reports Rs 82.5 Crore Q1 Loss, CEO Nitish Mittersain to Resign

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Summary

Nazara Technologies reported a net loss of Rs 82.47 crore for the first quarter, with revenue declining by 14%. Nitish Mittersain will step down as CEO on September 1, 2026, and Raymond Albaladejo Stauffer will succeed him.

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