Nazara Tech sees ₹82 cr Q1 loss; Founder Mittersain quits as CEO

Nazara Technologies reported an ₹82 crore loss in Q1 FY27, mainly due to a ₹62 crore share of losses from associates and ₹22 crore impairment loss. The company also announced that Founder Nitish Mittersain will step down as CEO in September. This is a rare quarterly loss for Nazara, which last reported a ₹34-crore loss in Q2 FY26.