Gross Revenue: INR 1,284 Million, up 3.4% quarter-on-quarter (QoQ) from INR 1,241 Mn in Q1 FY27, but down 2.0% year-on-year (YoY) from INR 1,310 Mn in Q2 FY26.
EBITDA: INR 24 Million (1.9% margin), an improvement from INR 15 Mn (1.2% margin) in Q1 FY27, but down from INR 86 Mn (6.7% margin) in Q2 FY26.
Profit After Tax (PAT): Loss of INR 105 Million (-8.2% margin), an improvement from a loss of INR 289 Mn (-23.3% margin) in Q1 FY27, and a decline from a profit of INR 60 Mn (4.7% margin) in Q2 FY26.
Diluted EPS: -INR 0.99, improved from -INR 2.72 in Q1 FY27, and down from INR 0.56 in Q2 FY26.
Revenue Breakdown:
Entertainment & Communication Revenue: INR 877 Mn, up 3.5% QoQ.
Gaming Revenue: INR 407 Mn, up 3.2% QoQ.
Cost Breakdown:
COGS (includes UFF): INR 605 Mn, up 1.0% QoQ.
People Cost: INR 293 Mn, up 4.9% QoQ.
Marketing: INR 237 Mn, up 3.6% QoQ.
Opex: INR 124 Mn, up 4.8% QoQ.
Financial Performance H1 FY27 (Apr-Sep 2026)
Gross Revenue: INR 2,525 Million, down 2.4% YoY from INR 2,586 Mn in H1 FY26.
PAT: Loss of INR 395 Million (-15.6% margin), a decline from a profit of INR 215 Mn (8.5% margin) in H1 FY26.
Exceptional Items: A charge of INR 141 Mn was recorded in H1 FY27, with none in H1 FY26.
Operational & Business Highlights
Gaming Subscriber Base: Reached 14.5 Million active customers, a five-quarter high and a 5.4% QoQ increase from 13.76 Mn in Q1 FY27. 740,000 active customers were added in the quarter.
Gaming MRR Growth: Grew 33% in FY26 and is projected to grow 15% to 20% in FY27.
ONMO+ Smart Console: A new growth initiative launched to expand from mobile into the full gaming market.
Distribution Deals: Closed deals with a distribution partner and a top retailer for the console. It is live on Flipkart and in Poorvika stores across Tamil Nadu. Savex is signed to extend distribution across four retail channels.
Direct Sales: The ONMO+ webstore is scheduled to go live in November 2026.
Distribution Channels: The strategy targets five channels: E-Commerce (Flipkart live), Retail Stores (Poorvika live, Savex signed), Broadband/ISPs (in talks), Smart TVs & Set-Top Boxes (pipeline), and Mobile Operators (ongoing).
Balance Sheet (as of Sep 30, 2026)
Gross Cash Balance: INR 1,707 Mn, increased from INR 1,355 Mn in Q1 FY27 and INR 1,420 Mn as of Mar'26. The increase was mainly due to proceeds raised from NCDs and positive operational cashflow, partially offset by repayment of short-term borrowings.
Shareholders' Funds: INR 5,883 Mn, decreased from INR 6,255 Mn as of Mar'26.
Short Term Borrowings: INR 290 Mn, decreased from INR 672 Mn as of Mar'26.
Total Assets: INR 9,682 Mn, slightly decreased from INR 9,809 Mn as of Mar'26.
