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OnMobile Q3 FY26 Results: Consolidated PAT at ₹35.13 Mn, Turnaround from YoY Loss
OnMobile Global reported a consolidated profit after tax (PAT) of ₹35.13 million for Q3 FY26, marking a significant recovery from a loss of ₹52.15 million in the same quarter previous year. Revenue from operations grew 5.9% sequentially to ₹1,356.90 million, although it remains lower than the ₹1,640.06 million reported in Q3 FY25. The company also announced the appointment of Manoranjan Mohapatra as an Independent Director to its board. An exceptional charge of ₹4.61 million was recognized during the quarter related to the implementation of new Indian Labour Codes.
Key Highlights
Consolidated PAT turned positive at ₹35.13 million vs a loss of ₹52.15 million in Q3 FY25.
Revenue from operations increased 5.9% QoQ to ₹1,356.90 million from ₹1,281.57 million.
Total expenses reduced significantly to ₹1,407.97 million from ₹1,639.95 million in the year-ago period.
Exceptional item of ₹4.61 million recorded due to the impact of new Labour Codes on gratuity.
Appointment of Manoranjan Mohapatra as an Additional Independent Director to the Board.
👀 What to Watch
Investors should note the company's return to profitability and the sequential growth in revenue. The focus should remain on the sustainability of cost-cutting measures and the growth of the core mobile entertainment business.
