Info-tech

OnMobile Q4 profits fall 82%

Our Bureau Bangalore | Updated on March 12, 2018 Published on May 08, 2012

Profits of value-added services provider OnMobile fell 82 per cent from Rs 26.9 crore to Rs 4.8 crore in the fourth quarter of 2012.

Revenues, however, grew 33 per cent to Rs 177.6 crore from Rs 133.3 crore last year.

For the entire year 2012, net profit fell 7 per cent from Rs89.2 crore to Rs 83.1 crore.

Revenues went up 19 per cent to Rs 638 crore, with international revenues contributing 45 per cent to the topline, offsetting sluggish domestic business, according to a press statement.

The Bangalore-based company provides value added services such as caller tunes for mobile, landline and media service providers.

Published on May 08, 2012
null
This article is closed for comments.
Please Email the Editor