OnMobile Global Reports Q2 FY26 Results: Mobile Gaming Revenue Surges 12% QoQ
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.86% | -7.28% | +0.50% | +44.60% | -18.19% | +60.16% |
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