OnMobile Global Q3FY26: Profit Before Exceptional Items Surges 206% to Rs 49M
OnMobile Global reported strong operational improvement in Q3FY26 with profit before exceptional items rising 206% to Rs 49 million from Rs 16 million YoY, while the company had an exceptional item of Rs 50 million in the previous year. Despite EBITDA declining to Rs 56 million and standalone revenue falling 48% to Rs 426.14 million, consolidated operations achieved a remarkable turnaround with Rs 36 million profit versus Rs 51 million loss in Q3FY25.
*this image is generated using AI for illustrative purposes only.
OnMobile Global Limited announced its financial results for Q3FY26 ended December 31, 2025, revealing contrasting performance between standalone and consolidated operations. The company demonstrated strong operational improvement with profit before exceptional items showing significant growth, while consolidated operations achieved a remarkable turnaround to profitability.
Operational Performance Shows Strong Recovery
The company's profit before exceptional items demonstrated substantial improvement during the quarter:
| Operational Metrics: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Profit Before Exceptional Items: | Rs 49 million | Rs 16 million | +206.3% |
| Exceptional Item (Previous Year): | - | Rs 50 million | - |
The significant increase in profit before exceptional items from Rs 16 million to Rs 49 million indicates improved operational efficiency, while the company had an exceptional item of Rs 50 million in the previous year.
EBITDA Performance Under Pressure
Despite operational improvements, the company's EBITDA metrics reflected challenges during the quarter:
| EBITDA Metrics: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| EBITDA: | Rs 56 million | Rs 100 million | -44.0% |
| EBITDA Margin: | 4.13% | 6.1% | -197 bps |
The decline in EBITDA from Rs 100 million to Rs 56 million indicates operational efficiency challenges, with the margin compression reflecting the impact of revenue decline on profitability metrics.
Standalone Financial Performance
The company's standalone operations faced headwinds during the quarter, with key metrics showing year-over-year decline:
| Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | Rs 426.14 million | Rs 820.27 million | -48.0% |
| Total Income: | Rs 461.04 million | Rs 824.38 million | -44.1% |
| Net Profit: | Rs 27.15 million | Rs 43.17 million | -37.1% |
| Basic EPS: | Rs 0.26 | Rs 0.41 | -36.6% |
Revenue from operations declined significantly to Rs 426.14 million from Rs 820.27 million in Q3FY25. Mobile entertainment services revenue increased substantially to Rs 34.90 million from Rs 4.11 million, while other income rose to Rs 356.21 million.
Consolidated Results Show Strong Recovery
The consolidated financial results demonstrated a remarkable turnaround, with the company returning to profitability:
| Parameter: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | Rs 1.35 billion | Rs 1.64 billion | -17.3% |
| Net Profit/(Loss): | Rs 36.00 million | (Rs 51.00 million) | Positive turnaround |
| Basic EPS: | Rs 0.33 | (Rs 0.48) | Positive turnaround |
Consolidated mobile entertainment services revenue was Rs 1.35 billion, with strong performance across multiple geographies including Europe (Rs 549.77 million), India (Rs 188.40 million), and Africa (Rs 224.73 million).
Gaming Business Momentum
The company's gaming segment demonstrated strong quarterly growth:
| Gaming Metrics: | Q3FY26 | Q2FY26 | Growth |
|---|---|---|---|
| Mobile Gaming Revenue: | Rs 453 million | Rs 355 million | +27.5% QoQ |
| Gaming Subscriber Base: | 13.7 million | - | - |
| Gaming Revenue Share: | 33% | 27% | +6 percentage points |
The company targets reaching $3 million Monthly Recurring Revenue (MRR) in the next 18 months, building on its current gaming platform momentum.
Board Appointments and Corporate Governance
The Board of Directors approved the appointment of Manoranjan Mohapatra as an Additional Director:
| Appointment Details: | Information |
|---|---|
| Director Name: | Manoranjan Mohapatra |
| DIN: | 00043930 |
| Category: | Independent Director |
| Term: | 5 years (February 05, 2026 to February 04, 2031) |
| Status: | Subject to shareholder approval |
Mohapatra brings over four decades of experience in telecom and fintech industries, having served as CEO of Comviva Technologies from 2007 to 2024.
Historical Stock Returns for OnMobile Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | -2.75% | +4.07% | -2.27% | -2.53% | -55.70% |
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