Bengaluru, May 20 : OnMobile Global Limited a global provider of mobile gaming and entertainment solutions, today announced its financial results for the fourth quarter and full fiscal year ended March 31, 2026.
The company reported significant improvement in profitability during FY26, with EBITDA rising 110.6% year-on-year to INR 297 million. Gross margin for the fiscal year increased to 52.7%, compared to 46.7% in FY25, reflecting operational efficiencies and growth in high-margin platform deals.
OnMobile’s gaming subscriber base reached 14.3 million during FY26, marking a 34.5% year-on-year increase. However, total FY26 revenue stood at INR 5,245 million, down 10.2% compared to the previous fiscal year, while mobile gaming revenue declined 25.4% year-on-year to INR 1,545 million.
The company reported a net loss (PAT) of INR 115 million for FY26. Excluding impairment provisions, adjusted PAT stood at a positive INR 353 million.
Commenting on the results, Bikram Singh Sherawat said,
“FY26 was a transformative year for OnMobile, with EBITDA more than doubling and the company securing several high-margin platform deals. Our new business lines, including Buzzmo and the Gaming Platform, have also started contributing to revenue growth. As we enter FY27, we remain focused on driving scalable and profitable growth, supported by a strong sales pipeline.”
He added that the company is preparing to launch its direct-to-consumer gaming virtual console on one of India’s largest e-commerce platforms, marking OnMobile’s expansion beyond telecom operators into the broader gaming market.
Radhika Venugopal highlighted the company’s financial discipline during the fiscal year, stating,
“FY26 marked a strong improvement in profitability and cash position, reflecting the effectiveness of focused cost optimization and operating discipline. EBITDA margins expanded to 5.7%, demonstrating the benefits of operating leverage and a more efficient cost structure.”
Looking ahead, OnMobile said it will continue focusing on strengthening profitability, improving cash generation, and scaling its gaming business to achieve higher operating leverage.