November 20, 2025

PokerBaazi Writeoff Drags Nazara To INR 34 Cr Loss In Q2

IntelME Verdict

Valuation Impact

TL;DR

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

Analysis

The significant write-off of PokerBaazi investment leading to a INR 34 Cr loss in Q2 FY26 showcases the valuation impact of regulatory changes on Nazara Technologies. Finance professionals need to consider the implications of such write-offs on the company's financial health, investment decisions, and overall portfolio strategy.

Source

Inc42 (India)↗