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The Latest Breaking News from Nazara Technologies

Nazara Tech Q1 Results: Co posts Rs 82.5 crore loss; Nitish Mittersain steps down as CEO

Nazara Technologies reported a net loss of Rs 82.47 crore for the first quarter. Revenue from operations declined 14 percent to Rs 428.77 crore in Q1 FY27. Nitish Mittersain will resign as CEO on September 1, 2026. Raymond Albaladejo Stauffer will succeed Mittersain as the new Chief Executive Officer. The…

The Economic Times

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

Nazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step down as CEO. Raymond A. Stauffer will take over as the new chief executive officer. Nazara also revised terms for its acquisition of Bluetile Games and BestPlay. The gaming…

The Economic Times

Ahead of Market: 10 things that will decide D-Street action on Monday

Nifty broke below its 23,800–24,500 consolidation range, signalling near-term weakness, with resistance now seen at 23,800–24,000 and key support at 23,150, according to analysts. Market breadth stayed negative as Sensex fell sharply, dragged by RIL, SBI and M&M. Broader indices saw mixed activity across stocks, with selective buying interest but…

The Economic Times

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Nazara Technologies shares soar 18% amid reports of Nikhil Kamath upping stake in block deal

Nazara Technologies shares surged 18% following a significant block deal involving nearly 4.9% of the company's equity. Nikhil Kamath and Axana Estates are reportedly buyers, with founder Nitish Mittersain as the likely seller. The company reported a Q4FY26 revenue of Rs 398 crore, a 23% decrease year-on-year, but saw net…

The Economic Times

Gaming firm Nazara’s Q4 revenue down 23%, profit jumps 13x

Nazara Technologies reported a 23% revenue decline to Rs 398 crore in Q4FY26, but saw net profit surge over 13x to Rs 56 crore, boosted by Rs 1,098 crore in other income from subsidiary sales. Gaming revenue rose 78% to Rs 278 crore, making it the largest contributor.

The Economic Times

Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

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