Key Financial Figures - Standalone (Amount in ₹ Millions)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹424.78
- Other Income (Net): ₹14.90
- Total Income: ₹439.68
- Total Expenses: ₹499.37
- Loss Before Tax: ₹(59.69)
- Tax Benefit: ₹(12.71)
- Net Loss: ₹(46.98)
- Basic EPS: ₹(0.44)
- Diluted EPS: ₹(0.44)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹823.17
- Other Income (Net): ₹139.74
- Total Income: ₹962.91
- Total Expenses: ₹936.33
- Loss Before Tax: ₹(69.51)
- Tax Expense: ₹49.82
- Net Loss: ₹(119.33)
- Basic EPS: ₹(1.12)
- Diluted EPS: ₹(1.12)
Key Financial Figures - Consolidated (Amount in ₹ Millions)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹1,271.02
- Other Income (Net): ₹32.97
- Total Income: ₹1,303.99
- Total Expenses: ₹1,401.24
- Loss Before Tax: ₹(97.10)
- Tax Expense: ₹8.25
- Net Loss: ₹(105.35)
- Loss Attributable to Owners: ₹(104.55)
- Basic EPS: ₹(0.99)
- Diluted EPS: ₹(0.99)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹2,498.57
- Other Income (Net): ₹46.37
- Total Income: ₹2,544.94
- Total Expenses: ₹2,730.70
- Loss Before Tax: ₹(326.90)
- Tax Expense: ₹67.68
- Net Loss: ₹(394.58)
- Loss Attributable to Owners: ₹(392.88)
- Basic EPS: ₹(3.71)
- Diluted EPS: ₹(3.71)
Balance Sheet Highlights
Standalone as at September 30, 2026:
- Total Assets: ₹8,736.26 million
- Equity Share Capital: ₹1,063.55 million
- Other Equity: ₹5,987.31 million
- Total Equity: ₹7,050.86 million
- Non-Current Borrowings: ₹440.89 million
- Current Borrowings: ₹192.68 million
Consolidated as at September 30, 2026:
- Total Assets: ₹9,681.77 million
- Equity Share Capital: ₹1,063.55 million
- Other Equity: ₹4,811.63 million
- Equity Attributable to Owners: ₹5,875.18 million
- Non-Current Borrowings: ₹633.57 million
- Current Borrowings: ₹289.87 million
Exceptional Items
The company reported exceptional items including:
- Head count restructuring and optimization cost of ₹96.09 million for Q1 June 2026 (standalone) and ₹141.44 million (consolidated)
- Impact of Labour Codes amounting to ₹4.61 million for previous year ended March 31, 2026
The Labour Code impact relates to the notification of four Labour Codes by the Government of India on November 21, 2025, which consolidated 29 existing labour laws. The incremental impact of ₹4.61 million pertains to gratuity primarily due to change in wage definition.
Operational Highlights
- The company is primarily engaged in providing mobile entertainment services including sale of gaming products
- Operations constitute a single reportable segment as per Ind AS 108
- Geographical revenue distribution for Q2 September 2026: Europe (₹579.46 million), Africa (₹236.34 million), India (₹127.13 million), Rest of World (₹260.93 million), Latin America & US (₹67.16 million)
Investigation Update
The company has received an email from a former consultant making allegations of potential anomalies in operations. An independent law firm has been appointed to conduct a fact-finding investigation. The investigation is ongoing with no findings or conclusions reached as of the date of these financial results.
Subsidiaries Included in Consolidation
The consolidated results include 32 subsidiaries worldwide, including entities in Singapore, Europe, USA, Latin America, Africa, and other regions.
Cash Flow Highlights
Standalone Half Year Ended September 30, 2026:
- Net cash used in operating activities: ₹(164.65) million
- Net cash from investing activities: ₹87.93 million
- Net cash from financing activities: ₹184.24 million
- Net increase in cash: ₹107.52 million
Consolidated Half Year Ended September 30, 2026:
- Net cash from operating activities: ₹92.20 million
- Net cash from investing activities: ₹5.21 million
- Net cash from financing activities: ₹174.45 million
- Net increase in cash: ₹271.86 million
Capital Structure
Paid-up equity share capital remained largely unchanged at ₹1,063.55 million as of September 30, 2026 (face value ₹10 per share).
Signed By
The documents were signed by François-Charles Sirois (Executive Chairman & CEO) and P V Varaprasad (Company Secretary).