November 20, 2025
PokerBaazi Writeoff Drags Nazara To INR 34 Cr Loss In Q2
IntelME Verdict
Compliance 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 its financial performance.
Analysis
Tax and accounting professionals should take note of the significant write-off by Nazara Technologies due to regulatory changes impacting real-money gaming. This event underscores the importance of staying updated on industry-specific regulations and their financial implications on investments and financial statements.
Source
Inc42 (India)↗Share:
