Latest News | OnMobile Q1 Net Up 35.8% to Rs 12 Cr

New Delhi, Aug 7 (PTI) OnMobile Global Ltd has posted a 35.8 per cent rise in profit at Rs 16.4 crore for the quarter ended June 2021.

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The company had reported a profit of Rs 12.1 crore in the same period last year, the company said in a regulatory filing on Friday night.

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Its total income declined about 8 per cent to Rs 132.37 crore during the reported quarter, from Rs 144.02 crore earlier.

"Our PAT (profit after tax) reflected a growth of 9.8 per cent quarter-on-quarter and 35.8 per cent year-on-year with 12.7 per cent margin and our continuing efforts on cost rationalisation efforts also helped in retaining double-digit EBITDA margin of 11.3 per cent," it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)