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