Nazara posts ₹82 crore Q1 FY27 loss; Nitish Mittersain to move to MD role
Nazara’s operating revenue fell 14% year on year to ₹429 crore, while associate losses of ₹62 crore and a ₹22 crore impairment drove a swing from profit to loss. Raymond Albaladejo Stauffer will take over as CEO from September 1, 2026.
Nazara Technologies reported a Rs 82 crore Q1 FY27 loss as operating revenue fell 14% to Rs 429 crore, hit by associate losses and impairment. Founder Nitish Mittersain will become managing director, while Raymond Albaladejo Stauffer becomes CEO from September 2026.
Why this matters
No related recent Nazara Technologies signals are provided, making the Q1 FY27 loss and planned CEO transition a standalone leadership update for the company.
Leadership signals remain steady, with 1,003 signals recorded in the past 90 days.
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