FY2013 Net Revenue, EBITDA and Net Profit normalized for exceptional income and Forex loss increased by 14%, 13% and 12%, respectively
BANGALORE, India – May 15, 2013: OnMobile Global (“OnMobile”) today announced the results for the Fourth Quarter and Full Year FY2013, ended March 31, 2013. Revenue for Q4 FY2013 was Rs1,841 million, a 3.7% increase over Q4 FY2012. EBITDA and Net Profit normalized for exceptional income and Forex impact increased by 2.5% and 233.6% y-o-y, respectively. For the full year FY2013, Revenue increased 13.7% to Rs7,253 million. EBITDA and Net Profit normalized for exceptional income and Forex loss increased by 13.2% and 12.1%, respectively.
The Board of Directors of the Company has proposed a dividend of Rs. 1.5 per share or 15%, subject to shareholders’ approval.
OnMobile [NSE India: ONMOBILE], headquartered in Bangalore, India, and with offices in all regions of the world, delivers millions of music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has the potential to reach more than 1.1 billion mobile users across several geographies. For further information, please visit www.onmobile.com