Summary
Nazara Technologies reported a consolidated net loss of Rs 82.47 crore in Q1 FY27, primarily due to losses from associates and impairment related to Real Money Gaming investments, despite core gaming revenue growth. Nitish Mittersain will step down as CEO on September 1, 2026, to become Managing Director, with Raymond Albaladejo Stauffer appointed as the new CEO. The company also revised terms to acquire 100% of Bluetile Games and Bestplay Systems for $303.02 million and approved further investments in its subsidiaries.
