More Stories

Informist, Tuesday, Aug. 4, 2026

 

Please click here to read all liners published on this story

--Nazara Tech Apr-Jun consol net loss INR 799.2 mln 
--Nazara Tech Apr-Jun consol revenue INR 4.29 bln 
--Nazara Tech Q1 consol net loss INR 799.2 mln vs PAT INR 534.6 mln yr ago 
--Nazara Tech Apr-Jun consol revenue INR 4.29 bln vs INR 4.99 bln yr ago 
--Nazara Tech Nitish Mittersain resigns as CEO effective from Sept 1 
--Nazara Tech appoints Raymond Albaladejo Stauffer as CEO
--Nazara Tech to allot 18.23 mln equity warrants with INR 260/shr issue price
--Nazara Tech to mull raising funds via equity, others on preferential basis 

 

By Shruti Nair

 

MUMBAI – Nazara Technologies Ltd. reported a net loss for the June quarter due to a fall in its total income. Although the company's total expenses also fell on year, its income contracted more sharply. 

 

For the June quarter, the video game developer reported a consolidated net loss of INR 799.2 million against a profit of INR 534.6 million in the year-ago quarter and a profit of INR 469.6 million in the March quarter. The company's consolidated revenues for the June quarter fell 14% on year to INR 4.29 billion. On quarter, however, revenue rose nearly 8%.

 

The company's total income for the June quarter fell 24% on year to INR 4.38 billion, of which other income fell nearly 89% to INR 87.8 million from INR 771 million in the year-ago quarter.

 

The company's total expenses fell 13% on year to INR 4.55 billion. Expenses fell across most segments; however, advertising and promotion expenses rose over 22% on year to INR 1.53 billion. The company also incurred impairment expenses of INR 218 million, which were nil in the year-ago quarter.

 

Nazara Technologies Monday appointed Raymond Albaladejo Stauffer as chief executive officer, who will take over the post from Nitish Mittersain effective Sept. 1. The company also approved the allotment of 18.23 million warrants convertible into equity shares with an issue price of INR 260 apiece. Further, the company will also consider raising funds through the issue of equity shares and other securities on a preferential basis.

 

Monday, its shares closed at INR 339.55 per share on the National Stock Exchange, marginally up.  End

 

Edited by Himanshi Gupta

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.