OnMobile Global Q3FY26: Standalone Profit Falls 37% Despite Gaming Growth
OnMobile Global's Q3FY26 results showed contrasting performance with standalone operations declining but consolidated business recovering from losses. The company's gaming segment demonstrated strong momentum with 27.5% quarterly growth and targets $3M MRR in 18 months, while maintaining strong cash position of INR 1,385 million.

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OnMobile Global Limited announced its financial results for Q3FY26 ended December 31, 2025, revealing contrasting performance between standalone and consolidated operations. The company also released its investor presentation highlighting strategic initiatives and growth targets in the mobile gaming sector.
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 Recovery
The consolidated financial results painted a more positive picture, showing recovery from previous year losses:
| Parameter: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | Rs 1,356.90 million | Rs 1,640.06 million | -17.3% |
| Net Profit/(Loss): | Rs 35.13 million | (Rs 52.15 million) | Positive turnaround |
| Basic EPS: | Rs 0.33 | (Rs 0.48) | Positive turnaround |
Consolidated mobile entertainment services revenue was Rs 1,356.90 million, 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
According to the investor presentation, the company's gaming segment demonstrated strong quarterly growth:
| Gaming Metrics: | Q3FY26 | Q2FY26 | Growth |
|---|---|---|---|
| Mobile Gaming Revenue: | INR 453 million | INR 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. OnMobile's gaming portfolio includes Challenges Arena with 8.45 million active subscribers, ONMO with 5.22 million subscribers, and various entertainment services.
Board Appointments and Corporate Governance
The Board of Directors approved the appointment of Manoranjan Mohapatra as an Additional Director in the category of Independent 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, where he led twenty-fold growth and global expansion across 80 countries.
Financial Position and Outlook
The company maintained a strong cash position with gross cash balance at INR 1,385 million. Total expenses for the standalone business decreased to Rs 392.26 million from Rs 719.30 million in Q3FY25. The nine-month period demonstrated robust performance with net profit surging to Rs 363.84 million compared to Rs 59.56 million in the corresponding period last year.
OnMobile serves over 100 telecom operators globally with an average client relationship of 11+ years, positioning itself strategically in the $400 billion gaming industry expected by 2029.
Source: OnMobile Global Limited investor presentation for Q3FY26 financial results under Regulation 30 & 46
Historical Stock Returns for OnMobile Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.49% | +5.44% | -12.79% | -5.68% | -30.57% | -19.42% |


































