Nazara Q1 loss widens to INR 82 Cr; new CEO, revised Bluetile deal
NAZARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 3.0 pts more than its Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q1 FY27 consolidated revenue fell to INR 429 Cr versus INR 499 Cr YoY, mainly due to eSports decline after Nodwin desubsidiarisation. Net loss widened to about INR 82 Cr (about INR 6 Cr earlier) after a further INR 22 Cr impairment on Moonshine associate over real money gaming exposure. Board revised Bluetile-Bestplay acquisition to all-cash (no stock), approved about INR 9.9 Cr investment in Funky Monkeys (stake rising to about 68 percent), about INR 24 Cr unsecured loan to Smaaash, and appointed Raymond Stauffer as new CEO from September 1. Nitish Mittersain steps down as CEO, continues as Managing Director. About 9 lakh warrants converted, adding 9 lakh shares.
Loss widens sharply on eSports exit and remaining gaming impairments; CEO transition and restructured acquisitions may shape near-term direction.