November 20, 2025

PokerBaazi Writeoff Drags Nazara To INR 34 Cr Loss In Q2

IntelME Verdict

Financial Impact

TL;DR

Nazara Technologies incurred a INR 34 crore loss in Q2 FY26 due to a write-off of its PokerBaazi investment following real-money gaming bans, impacting financial performance.

Analysis

The write-off of PokerBaazi investment leading to a INR 34 crore loss showcases the vulnerability of companies to regulatory changes in the gaming industry. This event emphasizes the importance for business leaders to diversify investments and stay agile in response to evolving regulations to mitigate financial risks.

Source

Inc42 (India)↗