OnMobile Global Limited announced its unaudited consolidated financial results for the second quarter of fiscal year 2027 ended September 30, 2026.
Financial Performance Highlights
- Revenue from operations stood at INR 1,271.02 million for Q2 FY27, showing growth from INR 1,227.55 million in Q1 FY27 but slightly lower than INR 1,281.57 million in Q2 FY25.
- Other income (net) was INR 32.97 million for the quarter, compared to INR 13.40 million in the previous quarter and INR 96.91 million in the same quarter last year.
- Total income for the quarter was INR 1,303.99 million.
- EBITDA for the quarter was INR 24 million.
- The company reported a loss before tax of INR 97.10 million for Q2 FY27, compared to a loss of INR 229.80 million in Q1 FY27 and a profit of INR 79.66 million in Q2 FY25.
- Total tax expense for the quarter was INR 8.25 million, consisting of current tax expense relating to prior years of INR 24.69 million and deferred tax credit of INR (16.44) million.
- Net loss for the quarter was INR 105.35 million, compared to a net loss of INR 289.23 million in the previous quarter and a net profit of INR 59.45 million in the same quarter last year.
- Basic and diluted earnings per share (face value of Rs. 10 each) were (0.99) for Q2 FY27.
Segment Performance
- Entertainment & Communication revenue reached INR 877 million, showing a 3.5% quarter-on-quarter increase.
- Gaming revenue was INR 407 million, up 3.2% quarter-on-quarter.
- Gaming subscriber base grew to 14.5 million, representing a 5.4% quarter-on-quarter increase.
Business Development
- The company closed distribution deals for its ONMO+ Smart Console with a distribution partner and a top retailer, broadening its reach across e-commerce, quick commerce, and wider retail networks in India.
Management Commentary
- Bikram Singh Sherawat, President & COO, commented that the Entertainment and Communication business returned to growth with a 3.5% quarter-on-quarter increase, and overall revenue grew 3.4%.
- Radhika Venugopal, Global CFO, stated that the business remained resilient with overall revenue of ₹1,284 million, reflecting sustained contribution from the Entertainment and Communication business alongside the growing scale of gaming.
Half-Year Performance
- For the half year ended September 30, 2026, revenue from operations was INR 2,498.57 million, compared to INR 2,534.87 million in the same period last year.
- The company reported a net loss of INR 394.58 million for the half year, compared to a net profit of INR 215.35 million in the same period last year.
Capital Structure
- Paid-up equity share capital (face value of Rs 10/- each) was INR 1,063.55 million as of September 30, 2026.