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OnMobile Global Sees Revenue Growth in Q3 2024
Company Announcements

OnMobile Global Sees Revenue Growth in Q3 2024

Story Highlights
  • OnMobile Global Limited reported increased revenue from mobile entertainment services.
  • The company’s total income rose, indicating solid operational performance despite exceptional costs.
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OnMobile Global Limited ( (IN:ONMOBILE) ) has shared an announcement.

OnMobile Global Limited released its financial results for the quarter and nine months ending December 31, 2024, showing a notable increase in revenue from mobile entertainment services, rising to Rs 820.27 million for the quarter. The company’s total income for the quarter also increased, reaching Rs 824.38 million, with a profit before tax of Rs 55.38 million. Despite facing exceptional items amounting to Rs 49.70 million, OnMobile’s performance indicates a solid operational footing, with implications for potential future growth and market competitiveness, given the steady revenue climb and managed expenses.

More about OnMobile Global Limited

OnMobile Global Limited operates in the mobile entertainment industry, providing a variety of mobile entertainment services. The company is situated in Bengaluru, India, and is known for its focus on enhancing mobile user experiences through various digital products and services.

YTD Price Performance: 3.80%

Average Trading Volume: 40,223

Current Market Cap: 7.55B INR

For a thorough assessment of ONMOBILE stock, go to TipRanks’ Stock Analysis page.

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