OnMobile Global532944Quarterly results
Board approves Sept-quarter results, auditor's review unmodified; former consultant's allegations under independent probe
Board met on Oct 28, 2026 and approved unaudited standalone and consolidated results for the quarter and half year ended Sept 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,271.02 | 1,281.57 | −0.8% | 1,227.55 | +3.5% |
| Total income | 1,303.99 | 1,378.48 | −5.4% | 1,240.95 | +5.1% |
| Profit before tax | (97.10) | 79.66 | — | (229.80) | +57.7% |
| Profit after tax | (105.35) | 59.45 | — | (289.23) | +63.6% |
| Total comprehensive income | (102.77) | 66.03 | — | (278.98) | +63.2% |
| Basic EPS | (0.99) | 0.56 | — | (2.72) | +63.6% |
- Total income YoY change
- Year ago 1,378.48 (−5.4%)
- Period
- Quarter ended September 30, 2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional items: head count restructuring and optimization cost of Rs. 141.44 million for the quarter ended June 30, 2026 and half year ended September 30, 2026.
- Exceptional items: impact of the Labour Codes amounting to Rs. 4.61 million for the previous year ended March 31, 2026 (gratuity, change in wage definition).
- Impairment losses for year ended March 31, 2026 include INR 468.40 million receivable from a specific party whose revenue contract was terminated.
- A former consultant alleged potential anomalies in operations; an independent law firm is conducting a fact-finding investigation, no findings reached yet.
Board meeting outcome
The Board of Directors met on October 28, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Figures in the statements are stated in Rs million.
Auditor's conclusion
- The statutory auditor, B S R & Co. LLP, reviewed the standalone results; its limited review report is unmodified.
- The report states that nothing came to the auditor's attention that causes it to believe the statement has not disclosed the information required or contains any material misstatement.
- The results were reviewed by the Audit Committee and approved by the Board.
Allegations by a former consultant
- The notes state the Company received an email from a former consultant making certain allegations of potential anomalies in the operations of the Company, which may have legal and/or compliance implications.
- The Company has appointed an independent law firm to conduct a fact-finding investigation of these allegations and assess their factual basis.
- The investigation is currently underway and no findings or conclusions have been reached as of the date of the financial results.
Consolidated performance, quarter ended September 30, 2026
- Revenue from operations: 1,271.02, against 1,281.57 in the quarter ended September 30, 2025 and 1,227.55 in the quarter ended June 30, 2026.
- Total income: 1,303.99, against 1,378.48 a year earlier.
- Total expenses: 1,401.24, against 1,298.97 a year earlier.
- Profit/(loss) for the period: (105.35), against 59.45 a year earlier and (289.23) in the preceding quarter.
- Exceptional items: nil in the latest quarter, against (141.44) in the quarter ended June 30, 2026.
Standalone performance, quarter ended September 30, 2026
- Revenue from operations: 424.78, against 465.90 a year earlier.
- Total income: 439.68, against 537.65 a year earlier.
- Profit/(loss) for the period: (46.98), against 117.77 a year earlier.
- For the half year, net profit/(loss) after tax: (119.33), against 336.69 in the half year ended September 30, 2025.
Other points from the statements
- Standalone exceptional items include a head count restructuring and optimisation cost of Rs. 96.09 million for the quarter and half year ended September 30, 2026.
- Consolidated net cash generated from operating activities for the half year: 92.20, against 573.27 in the same half last year.
- The consolidated cash flow shows proceeds from issue of debentures (net of transaction costs) of 630.16 during the half year.
- Consolidated non-current borrowings were 633.57 as at September 30, 2026, against nil as at March 31, 2026.
- Impairment losses on financial assets and contract assets for the year ended March 31, 2026 include an amount of INR 468.40 million receivable from a specific party whose revenue contract was terminated during the previous year.
How to read this
- The immediate event is the quarterly results disclosure, and the auditor's review carries no modification, qualification or adverse remark.
- The results show a loss at both the consolidated and standalone level for the quarter, with revenue from operations lower than the same quarter last year on both bases.
- The open item for investors to track is the outcome of the independent fact-finding investigation into the allegations raised by the former consultant; the notes say no findings or conclusions have been reached so far.
₹1,303.99 MnConsolidated Total income, quarter ended Sept 30
Total income, quarter1,240.95 (Rs Millions)
Total comprehensive income, year-ago quarter66.03 (Rs Millions)
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More numbers
- Standalone Revenue from operations, quarter ended Sept 30, 2026424.78
- Standalone Net Profit/(Loss) after Tax, half year ended Sept 30, 2026(119.33)
- Head count restructuring and optimisation cost (exceptional item), standaloneRs. 96.09 million
- Consolidated exceptional items, quarter ended June 30, 2026(141.44)
- Impairment on amount receivable from specific party, year ended March 31, 2026INR 468.40 million
- Total income, latest quarter1,303.99 (Rs Millions)
- Total income, year-ago quarter1,378.48 (Rs Millions)
- Total income, previous quarter1,240.95 (Rs Millions)
- Total comprehensive income, latest quarter(102.77) (Rs Millions)
- Total comprehensive income, year-ago quarter66.03 (Rs Millions)
- Total comprehensive income, previous quarter(278.98) (Rs Millions)
- Profit after tax, latest quarter(105.35) (Rs Millions)
- Profit after tax, year-ago quarter59.45 (Rs Millions)
- Profit after tax, previous quarter(289.23) (Rs Millions)
- Revenue from operations, latest quarter1,271.02 (Rs Millions)
- Revenue from operations, year-ago quarter1,281.57 (Rs Millions)
- Revenue from operations, previous quarter1,227.55 (Rs Millions)
- Profit before tax, latest quarter(97.10) (Rs Millions)
- Profit before tax, year-ago quarter79.66 (Rs Millions)
- Profit before tax, previous quarter(229.80) (Rs Millions)
Source: BSE · 28 Oct 2026
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