OnMobile Global Reports Q2 FY26 Results: Mobile Gaming Revenue Surges 12% QoQ

2 min read     Updated on 04 Nov 2025, 09:15 PM
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Shriram SScanX News Team
Overview

OnMobile Global Limited reported a 2.7% quarter-on-quarter increase in revenue, reaching INR 1,310.00 million for Q2 FY26. EBITDA jumped 32.3% QoQ to INR 86.00 million. Mobile gaming revenue grew 12.0% QoQ to INR 355.00 million, with the gaming subscriber base increasing by 14% to 13.7 million users. The company closed the quarter with a gross cash balance of INR 1,295.00 million. OnMobile is focusing on profitable growth through its Gamize and Challenges Arena platforms, expanding globally across Europe, Latin America, and Africa.

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*this image is generated using AI for illustrative purposes only.

OnMobile Global Limited , a leader in mobile entertainment and gaming solutions, has announced its financial results for the second quarter of fiscal year 2026, showcasing growth in key areas and progress in its strategic initiatives.

Financial Highlights

OnMobile reported a 2.7% quarter-on-quarter increase in revenue, reaching INR 1,310.00 million for Q2 FY26. The company's EBITDA saw a significant jump of 32.3% QoQ, amounting to INR 86.00 million. Here's a breakdown of the key financial metrics:

Metric Q2 FY26 (INR Million) QoQ Change
Gross Revenue 1,310.00 +2.7%
EBITDA 86.00 +32.3%
Mobile Gaming Revenue 355.00 +12.0%
PAT 60.00 -7.7%

Mobile Gaming: A Key Growth Driver

The mobile gaming segment continues to be a significant growth driver for OnMobile. In Q2 FY26, mobile gaming revenue increased by 12.0% QoQ to INR 355.00 million. This growth was accompanied by a 14% increase in the gaming subscriber base, which now stands at 13.7 million users.

Strategic Focus and Future Outlook

OnMobile is pursuing profitable growth through its Gamize and Challenges Arena platforms. The company is enhancing its AI-based content monetization capabilities while expanding globally across Europe, Latin America, and Africa.

Bikram Singh Sherawat, President & COO of OnMobile, commented on the results: "In Q2 FY26, our business sustained its positive trajectory with revenue reaching INR 1,310.00 million. Mobile gaming remained a key driver of performance, delivering a 12% quarter-on-quarter increase to INR 355.00 million. Its expanding share within our portfolio reflects the segment's growing strategic relevance, complemented by a 14% rise in the gaming subscriber base to 13.7 million."

Financial Position and Cash Flow

The company closed Q2 FY26 with a gross cash balance of INR 1,295.00 million, showing an improvement over the previous quarter. Radhika Venugopal, Global CFO of OnMobile, stated: "We're confident this momentum will carry through the rest of FY26 as we continue to build financial strength and invest strategically in sustainable growth."

Geographic Performance

OnMobile's global presence continues to contribute significantly to its revenue. The geographical breakdown of revenue for Q2 FY26 is as follows:

Region Revenue (INR Million)
Europe 559.53
Africa 237.45
India 196.21
Rest of the World 189.06
Latin America and USA 99.32

Long-term Strategy

OnMobile is targeting a margin turnaround by FY27 and aims to achieve a diversified digital entertainment revenue mix. The company's focus on AI-based content monetization and global expansion aligns with its goal of capturing a larger share of the rapidly growing mobile gaming and entertainment market.

As OnMobile continues to evolve its product offerings and expand its global footprint, investors and industry observers will be watching closely to see how these strategic initiatives translate into sustained growth and profitability in the coming quarters.

Historical Stock Returns for OnMobile Global

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%+1.85%-2.91%-19.89%+7.95%-52.89%

OnMobile Global Partners with Dialog Axiata as Master Aggregator for Value-Added Services in Sri Lanka

2 min read     Updated on 22 Sept 2025, 11:20 AM
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Reviewed by
Riya DScanX News Team
Overview

OnMobile Global Limited has formed a strategic partnership with Dialog Axiata PLC, becoming the Master Aggregator for Dialog's Value-Added Services (VAS) portfolio. OnMobile will manage the entire VAS ecosystem, including content aggregation, customer lifecycle management, technical integration, billing, support, and analytics. This partnership aims to streamline processes, ensure compliance, and enhance customer experience by delivering personalized content to Dialog's prepaid and postpaid customers. The collaboration represents a strategic move for both companies, allowing Dialog to focus on expanding its VAS offerings and OnMobile to strengthen its position in the VAS market.

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*this image is generated using AI for illustrative purposes only.

OnMobile Global Limited , a leader in mobile gaming and entertainment, has announced a strategic partnership with Dialog Axiata PLC, Sri Lanka's leading connectivity provider. The collaboration positions OnMobile as the Master Aggregator for Dialog's Value-Added Services (VAS) portfolio, marking a significant expansion of their existing relationship.

Key Highlights of the Partnership

  • Master Aggregator Role: OnMobile will bridge Dialog with third-party content providers, consolidating services across entertainment, mobile gaming, infotainment, and education into a unified ecosystem.

  • Comprehensive Service Management: The partnership covers the full spectrum of the VAS ecosystem, including customer lifecycle management, technical integration, billing, support, and analytics.

  • Operational Efficiency: The Master Aggregator platform aims to streamline processes, ensure regulatory compliance, and simplify payouts to content providers.

  • Enhanced Customer Experience: Dialog will be able to deliver more personalized content to both prepaid and postpaid customers, potentially improving customer engagement.

Strategic Implications

The shift to a Master Aggregator model represents a strategic move for both companies:

  • For Dialog Axiata: This partnership allows Dialog to focus on expanding its VAS offerings and business growth in Sri Lanka. It gains better control over execution, visibility into performance, and increased agility in responding to customer needs.

  • For OnMobile Global: The agreement strengthens OnMobile's position in the VAS market and demonstrates its capability to provide end-to-end solutions for telecom operators.

Executive Insights

Mr. Bikram Sherawat, President & COO of OnMobile Global Ltd., commented on the partnership: "Our partnership with Dialog reflects a broader industry shift toward platforms that reduce friction and deliver measurable business impact. With our Master Aggregator model, we're providing a one-stop solution for managing value-added services, so Dialog can enhance its VAS portfolio, act on real-time insights and build sustainable digital growth."

Mr. Viranga Seneviratne, Head of ICT and Platforms Business at Dialog Axiata PLC, added: "The shift to a Master Aggregator model is not just an operational decision; it's a strategic one. With a unified approach to managing our content partnerships and services, we gain sharper control over execution, visibility into performance and the agility to respond faster to evolving customer needs."

Conclusion

This strategic partnership between OnMobile Global and Dialog Axiata represents a significant development in the Value-Added Services landscape in Sri Lanka. By leveraging OnMobile's expertise and platform, Dialog aims to enhance its service offerings, improve operational efficiency, and ultimately deliver better value to its customers. The collaboration also underscores the growing trend towards integrated, platform-based solutions in the telecommunications industry.

Historical Stock Returns for OnMobile Global

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%+1.85%-2.91%-19.89%+7.95%-52.89%

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