OnMobile Global Limited , a leading player in the mobile value-added services industry, has reported a significant financial turnaround in the first quarter of fiscal year 2026. The company's performance marks a substantial improvement from the same period last year, showcasing strong growth across both consolidated and standalone operations.

Consolidated Performance

OnMobile Global's consolidated total income from operations reached ₹147.71 crore in Q1 FY2026, representing a robust year-over-year growth of 19.4% from ₹123.70 crore in Q1 FY2025. The company's bottom line saw a remarkable turnaround, with net profit soaring to ₹15.59 crore, compared to a loss of ₹15.29 crore in the corresponding quarter of the previous year.

Standalone Results

The standalone results painted an even more impressive picture of the company's performance:

The standalone total income witnessed a substantial increase of 75.6%, rising from ₹40.84 crore to ₹71.73 crore. The net profit showed a remarkable improvement, reaching ₹21.89 crore compared to a loss of ₹0.48 crore in the same quarter last year.

Earnings Per Share

The company's earnings per share (EPS) also reflected this positive trend, improving to ₹1.47 from a negative ₹1.44 in Q1 FY2025.

Conclusion

OnMobile Global's Q1 FY2026 results showcase a robust financial turnaround, with substantial improvements in revenue and profitability. The company's ability to transform a loss-making position into a profitable one within a year highlights the effectiveness of its business strategies and operational efficiency. As OnMobile Global continues to build on this positive momentum, investors and industry observers will be keenly watching its performance in the coming quarters.

OnMobile Global Limited , a leader in mobile entertainment services, has announced ambitious plans to boost its gaming subscription revenue to $2 million per month through the launch of a new platform. The company aims to leverage its existing base of over 12 million active gamers and strong telecom partnerships to achieve this target in a rapidly growing global gaming market.

Strategic Growth Initiative

OnMobile's strategy focuses on capitalizing on the expanding global gaming industry, which is experiencing a robust 10.5% growth rate. The company's new platform is designed to tap into this growth potential and significantly increase its gaming subscription revenue.

Current Performance and Future Outlook

According to the company's latest financial results:

• OnMobile's gaming subscriber base reached 12.04 million, marking a substantial 58% year-over-year increase and a 13% quarter-over-quarter growth.
• The company's gaming subscription revenue stood at INR 317.00 million, showing a strong 25.2% year-over-year growth.
• Overall mobile entertainment revenue was INR 956.00 million, up by 13% compared to the previous quarter.

These figures underscore OnMobile's strong position in the mobile gaming and entertainment sector, providing a solid foundation for its ambitious revenue target.

New Platform and Market Expansion

The planned launch of the new gaming platform is expected to be a key driver in achieving the $2 million monthly recurring revenue (MRR) goal. This platform will likely offer enhanced features and a wider range of gaming options to attract and retain subscribers.

François-Charles Sirois, Executive Chairman & CEO of OnMobile Global Limited, commented on the company's performance and future plans in the latest earnings report, although specific details about the new platform were not disclosed.

Financial Position

OnMobile reported a robust financial position with:

• Total income at INR 1,477.13 million, showing a year-over-year increase.
• A significant improvement in EBITDA, which rose to INR 65.00 million, up from INR 9.00 million in the same quarter of the previous year.
• A strong cash position with a closing gross cash balance of INR 1,086.00 million.

Market Outlook

The company's focus on the gaming sector aligns with the projected growth of the global gaming industry, which is expected to reach $400 billion by 2029. OnMobile's strategy to capture a larger share of this market through its new platform and existing telecom partnerships positions it well for future growth.

As OnMobile Global Limited moves forward with its plans to launch the new gaming platform and increase its monthly gaming subscription revenue, investors and industry observers will be watching closely to see how this strategy unfolds in the competitive and fast-evolving mobile gaming landscape.