OnMobile Global Limited reported a consolidated net loss of ₹289.23 million for the quarter ended June 30, 2026, marking a significant improvement from the ₹365.34 million loss recorded in the preceding quarter. The company’s total income from operations stood at ₹1,240.95 million, reflecting a 16% decline year-on-year from ₹1,477.13 million in the same period of FY25.

The Board of Directors, including Executive Chairman and CEO François-Charles Sirois, approved the unaudited financial results in a meeting held on August 11, 2026. The results were subsequently published in Financial Express and Hosadigantha on August 13, 2026, and hosted on the company’s website.

Consolidated Financial Performance

On a consolidated basis, the company reported a pre-tax loss of ₹88.51 million before exceptional items, down sharply from the ₹401.31 million loss in the quarter ended March 31, 2026. This contrasts with a pre-tax profit of ₹189.56 million in the corresponding quarter of the previous fiscal year.

The basic earnings per share (EPS) for the quarter were (₹2.72), an improvement from (₹3.43) in the previous quarter. For the full year ended March 31, 2026, the company reported a total comprehensive income of (₹13.42 million) against reserves of ₹5,182.23 million.

Standalone Results

In its standalone operations, OnMobile Global generated ₹523.23 million in revenue from operations, up slightly from ₹501.71 million in the prior quarter but down significantly from ₹717.30 million in Q1FY25. The standalone segment reported a pre-tax loss of ₹9.82 million, a substantial reduction from the ₹459.76 million loss recorded in Q4FY26.

What the Numbers Show

The divergence between the consolidated and standalone pre-tax losses highlights the impact of inter-segment dynamics or non-operating expenses at the group level. While the standalone unit nearly broke even with a minimal pre-tax loss of ₹9.82 million, the consolidated entity reported a wider pre-tax loss of ₹88.51 million. This suggests that significant costs or losses are being absorbed at the holding company level or through subsidiaries not reflected in the standalone bottom line, despite the core operating revenue showing stability in the standalone segment.

The statutory auditors provided an unmodified review report on the unaudited consolidated results. The full quarterly financial results are available on the stock exchange websites and the company’s investor relations portal.

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.