EBITDA margin at 19.0% in Q2 FY16 with 42% growth YoY
Bangalore, India - 28 October, 2015: OnMobile Global Limited (“OnMobile”) today announced the results for Second Quarter FY2016 ended September 30, 2015. Revenue improved by 2.6% sequentially from Rs.2,018 million in Q1 FY’16 to Rs.2,070 million in Q2 FY’16. Revenue remains flat on a year on year comparison with Q2 FY’15. EBITDA grew by a healthy 42% year on year and 12% quarter on quarter to Rs.393 million in Q2 FY’16.
Other Emerging markets:
OnMobile [NSE India: ONMOBILE], headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 500 million music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has an addressable base of more than 1.5 billion mobile users across several geographies. For further information, please visit www.onmobile.com