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Onmobile Global reports net loss of Rs 10.47 crore in Q4

08 May 2012 Evaluate

Onmobile Global has reported results for fourth quarter ended March 31, 2011.

Onmobile Global has reported net loss of Rs 10.47 crore for the quarter ended March 31, 2011, against net profit of Rs 31.68 crore for the corresponding period last fiscal.  However, total income increased by 7.96% at Rs 117.27 crore during the quarter under review from Rs 108.62 crore in the year-ago period.

On the consolidated basis, the company has posted a fall of 82.16% in its net profit at Rs 4.79 crore for the quarter ended March 31, 2012 as compared to Rs 26.85 crore for the same period in the previous year.  However, total income has increased by 33.18% at Rs 177.55 crore for quarter under review as compared to Rs 133.32 crore for the period ended March 31, 2011.

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