OnMobile Global Limited, a prominent player in mobile gaming and entertainment, has reported its Q2 FY25 financial results, showcasing substantial growth in its gaming segment. The company recorded a revenue of ₹131.9 crore, reflecting a 4.7% quarter-on-quarter increase. EBITDA for the quarter stood at ₹1.8 crore, marking a 1.4% growth. Notably, the mobile gaming revenue surged by 27.3% QoQ to reach ₹32.2 crore, while the active subscriber base expanded by 11.6%, totaling 8.49 million users.
In a strategic move to further its capabilities, OnMobile partnered with DeOSphere to enhance its gaming and network services. DeOSphere will deploy its DeOS Operating System across OnMobile’s global network infrastructure, integrating advanced streaming and edge computing technologies. As part of this collaboration, DeOSphere will lease a minimum of 30 Points of Presence (POPs) from OnMobile to support this global gaming and AI Edge Network.
Bikram Singh Sherawat, President & COO of OnMobile, expressed optimism about the results, emphasizing the company’s growth trajectory and focus on securing major strategic deals. Radhika Venugopal, Global CFO, highlighted that the quarter’s revenue growth was primarily driven by the gaming segment, with a noticeable improvement in EBITDA margins due to the revenue increase. The company remains committed to enhancing profitability as it scales its gaming business further.
