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OnMobile has posted lower profits of Rs 9.5 crore for the first quarter of FY13.
This is a 34 per cent drop compared with the first quarter of FY12 when the company posted a net profit of Rs 12.78 crore.
However, net profit has gone up 98 per cent sequentially compared with the previous quarter when it posted Rs 4.79 crore.
Revenues have gone up marginally on a sequential basis with the company posting Rs 185 crore for the April-June quarter 2012, a 4.32 per cent increase over January-March quarter.
On a year-on-year basis, its revenues have gone up 26 per cent from Rs 136 crore to Rs 185 crore.
>venkatesh.ganesh@thehindu.co.in
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