EBITDA margin at 19.4% in Q3 FY16 with a 2.2% growth Q-o-Q
Bangalore, India - 04 February, 2016: OnMobile Global Limited (“OnMobile”) today announced the results for Third Quarter FY2016 ended December 31, 2015. Revenue remains flat quarter over quarter i.e. Rs.2,070 million in Q2 FY’16 to Rs.2,068 million in Q3 FY’16. Revenue has de-grown by 8.8% on a year on year comparison with Q3 FY’15. EBITDA grew by 2.2% quarter on quarter to Rs.402 million in Q3 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