OnMobile Global reported a consolidated net loss of ₹28.83 crore in the quarter ended June 2026, marking a significant reversal from the net profit of ₹15.68 crore recorded in the corresponding quarter of the previous financial year. According to reports from Business Standard, this represents a substantial deterioration in the company's financial performance compared to the same period last year.
The company's sales declined 2.05% to ₹122.76 crore in Q1 FY27, down from ₹125.33 crore in the corresponding quarter of the previous financial year. As reported by Business Standard, this revenue contraction contributed to the overall decline in the company's financial performance during the quarter.
The company's operating profit margin (OPM) improved to 1.07% in Q1 FY27, compared to 5.00% in the same quarter of the previous year. However, this improvement was insufficient to offset the revenue decline and other operational challenges faced by the company during the quarter.
The company's PBDT (Profit Before Depreciation and Tax) declined significantly by 98% to ₹0.46 crore in Q1 FY27, down from ₹27.12 crore in the corresponding quarter of the previous year. According to Business Standard, this substantial decline in pre-tax profitability further contributed to the overall deterioration in the company's financial performance during the quarter.
