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The Economic Times
The Economic Times

Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEO

Nitish Mittersain Nazara Nazara Technologies NODWIN Gaming

Online gaming company Nazara Technologies reported revenue from operations of Rs 429 crore for the quarter ended June 30, 2026, down 14% year-on-year from Rs 499 crore, according to its quarterly results announced on Monday.

The decline was largely due to Nazara no longer including revenue from Nodwin Gaming in its financial results, after reducing its stake in the esports company in August 2025. Excluding Nodwin, revenue grew about 9%, the company said.

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