Nazara Slips Into The Red In Q1, Posts ₹83 Cr Loss

Gaming major Nazara Technologies slipped to the red in Q1 FY27, reporting a net loss of ₹82.5 Cr as against ₹51.3 Cr in the year quarter. Sequentially, the bottom line eroded from a profit of ₹55.7 Cr in Q4 FY26.
The gaming major swung to losses as operating revenue declined 14% to ₹428.8 Cr during the quarter under review from ₹498.8 Cr in Q1 FY26. However, on a QoQ basis, the top line rose 7.8% from ₹397.8 Cr in Q4 FY26.
Including other income of ₹8.8 Cr, Nazara’s total income stood at ₹437.6 Cr during the quarter. Meanwhile, total expenses declined 12.6% to ₹455.4 Cr in Q1 FY27 from ₹521 Cr in the corresponding quarter last year.
(This story will be updated soon)
The post Nazara Slips Into The Red In Q1, Posts ₹83 Cr Loss appeared first on Inc42 Media.


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