ONMOBILE Q2 : CONS NET PROFIT TURNAROUND TO LOSS AT ₹10.54 CR (YOY), LOSS NARROWS 63.6% (QOQ). WEAK (On 1st Look)

Revenue down 0.8% at ₹127.10 Cr (YOY), up 3.5% (QOQ). Total income down 5.4% at ₹130.40 Cr (YOY), up 5.1% (QOQ). Loss before tax ₹9.71 Cr v profit ₹7.97 Cr (YOY); June quarter loss included ₹14.14 Cr exceptional restructuring cost. Caution: Independent law firm probing former consultant's allegations of operational anomalies; no findings yet.

OnMobile Global Ltd

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