Nazara Technologies has recorded a loss of ₹82 crore for the first quarter of the 2027 fiscal year. This downturn was largely driven by a ₹62 crore share of losses from associate companies alongside a ₹22 crore impairment charge. Additionally, the firm confirmed that founder Nitish Mittersain is set to vacate his role as CEO this September. This marks an unusual quarterly deficit for the company, which previously saw a loss of ₹34 crore during the second quarter of the 2026 fiscal year.

by shortkt.com✓

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