Nazara posts ₹82.47 Cr Q1 loss, names Raymond Albaladejo Stauffer as CEO
Nazara Technologies reported a ₹82.47 crore Q1 FY27 consolidated loss as revenue fell 14% YoY to ₹428.77 crore. The company is also pursuing a $303 million Bluetile and BestPlay acquisition and backing expansion at Funky Monkeys and Smaaash.
Nazara reported a Rs 82.47 crore Q1 FY27 loss and named Raymond Albaladejo Stauffer CEO. It will acquire Bluetile and BestPlay for $303 million, while funding Funky Monkeys’ expansion into Tier 2 Indian cities and Smaaash 2.0.
Why this matters
The loss follows recent Nazara signals reporting a ₹79.9 crore Q1 loss and a 14% revenue decline, while the CEO transition adds leadership change to its acquisition-led expansion strategy.
Retail-company signals are accelerating, up +200057% QoQ.
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- YourStory — Same time