OnMobile Global Limited reported a standalone net loss of ₹72.35 million for the quarter ended June 30, 2026, compared to a net loss of ₹399.33 million in the preceding quarter. While the standalone entity recorded a higher loss than the prior year’s ₹218.92 million profit, the consolidated group loss narrowed by 20.8% to ₹289.23 million from ₹365.34 million, driven by improved gaming revenue and cost management.

The Board of Directors approved the unaudited financial results at a meeting held on August 11, 2026, in Bangalore. Statutory auditors B S R & Co. LLP provided an unmodified limited review report for both standalone and consolidated figures. The filing was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

Standalone revenue from operations declined 9.8% quarter-on-quarter to ₹398.39 million from ₹441.82 million. However, other income surged 108.4% to ₹124.84 million from ₹59.89 million, contributing to total income of ₹523.23 million. Employee benefit expenses decreased 12.8% to ₹172.67 million, while marketing expenses rose 78.1% to ₹68.82 million, reflecting promotional activities for the ONMO+ console. Exceptional items included headcount restructuring costs of ₹96.09 million.

Consolidated Results and Segment Mix

Consolidated revenue from operations stood at ₹1,227.55 million, down 3.9% from ₹1,276.73 million in Q4FY26. Gaming revenue grew 2.4% to ₹394 million, representing 32% of gross revenue. Entertainment and communication revenue fell 6.5% to ₹846 million. The consolidated EBITDA was ₹15 million, significantly lower than ₹65 million in the previous quarter due to launch expenses. Consolidated exceptional items totaled ₹141.44 million, primarily for restructuring.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the impact of international operations and intercompany dynamics. While standalone revenue contracted, the surge in other income offset operational declines, narrowing the standalone loss substantially. At the consolidated level, the strategic pivot towards gaming is evident, with gaming revenue growing despite an overall decline in gross revenue. The significant reduction in net loss, even after accounting for heavy restructuring costs, indicates effective core cost control and early traction from the ONMO+ smart console launch.

OnMobile Global Limited company name shareholders approved the appointment of Leo Olebe as an independent director and revised remuneration packages for key executives at the company’s 26th Annual General Meeting (AGM) held on August 11, 2026. The meeting, conducted through video conferencing and other audio-visual means, also saw the ratification of material related-party transactions involving its subsidiaries, signaling continued operational alignment across its global entities.

The proceedings were governed by Regulation 30 and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. François-Charles Sirois, Executive Chairman & CEO, chaired the meeting, which commenced at 4:00 P.M. IST and concluded at 4:53 P.M. IST. Pramod S M of BMP & Co. LLP was appointed as the scrutinizer for the e-voting process. Remote e-voting was available to members holding shares as of the cut-off date of August 04, 2026, from August 07, 2026, to August 10, 2026.

Key Resolutions Passed

The Board of Directors presented several ordinary and special resolutions for shareholder approval. The primary outcomes included governance updates and executive compensation adjustments:

Related-Party Transactions

Shareholders approved material related-party transactions with three key subsidiaries: OnMo Inc, OnMobile USA LLC, and OnMobile Global Spain S.L. These approvals are critical for maintaining seamless operational workflows and financial settlements between the parent company and its international arms. The company noted that these transactions are necessary for business continuity and were entered into in the ordinary course of business.

What the Numbers Show

The focus on revising remuneration for both the Executive Chairman & CEO and the Whole-time Director & CFO highlights the company’s intent to align executive compensation with performance expectations in FY26. Simultaneously, the appointment of Leo Olebe strengthens the independent oversight mechanism within the Board, ensuring robust governance practices as the company navigates its global operations.