Nazara Technologies Financial Results Q3 FY 2025-26

Key insights

6 takeaways

01
The company recognised an impairment loss of Rs. 96,243 lakhs in its standalone results for the period ended 31 December 2025, disclosed as an exceptional item.See it on page 14
02
The standalone results show a net profit of Rs. 37 lakhs for the quarter ended 31 December 2025 and a net loss of Rs. 93,883 lakhs for the year to date period after recognising the impairment.See it on page 15
03
The auditor draws attention to a consolidated impairment loss of Rs. 91,470 lakhs on investment in an associate company due to the Promotion and Regulation of Online Gaming Act, 2025.See it on page 4
04
The auditor draws attention to show cause notices under GST for one subsidiary and three associate subsidiaries, amounting to Rs. 27,421 lakhs, Rs. 84,572 lakhs, Rs. 1,68,454 lakhs and Rs. 9,06,652 lakhs, with no adjustments made in the results.See it on page 4
05
The company reports that its standalone net worth remains at Rs. 2,23,734 lakhs after recognising the impairment loss.See it on page 15
06
The Board approved in-principle an infusion of primary funds not exceeding INR 15 Crores into Rusk Media Private Limited, and an investment of USD 500,000 by Nazara Technologies FZ LLC in nCore Games, Inc. by way of convertible promissory note.See it on page 1

Summary

This is Nazara Technologies Limited's board-meeting outcome letter to BSE and NSE, filed on 3 February 2026 under SEBI Listing Regulations, with unaudited consolidated and standalone financial results for the quarter and nine months ended 31 December 2025. The Board also approved in-principle an infusion of up to INR 15 Crores into Rusk Media Private Limited and a USD 500,000 convertible promissory note investment by Nazara Technologies FZ LLC in nCore Games, Inc. The statutory auditor MSKC & Associates LLP issued limited review reports, which draw attention to impairments and GST matters without modifying its conclusion.

The auditor also draws attention to show cause notices under GST totalling amounts for one subsidiary and three associate subsidiaries, with no adjustments made in the results.

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Cover of Nazara Technologies Financial Results Q2 FY 2026-27

Summary

The auditor also draws attention to show cause notices under GST totalling amounts for one subsidiary and three associate subsidiaries, with no adjustments made in the results.