Hot Pursuit     28-Jun-17
OnMobile Global advances after winning deal from Banglalink
OnMobile Global rose 2.61% to Rs 66.90 at 09:49 IST on BSE after the company secured a 3-year deal with Banglalink, Bangladesh to provide ringback tones and reverse ringback tones to its customers.
The announcement was made before market hours today, 28 June 2017.

Meanwhile, the S&P BSE Sensex was down 21.02 points or 0.07% at 30,937.23. The S&P BSE Small-Cap index was down 9.49 points or 0.06% at 15,131.59.

On BSE, so far 29,000 shares were traded in the counter as against average daily volume of 1.17 lakh shares in the past one quarter. The stock hit a high of Rs 67.90 and a low of Rs 66.20 so far during the day. The stock had hit a 52-week high of Rs 128.70 on 15 July 2016. The stock had hit a 52-week low of Rs 62.65 on 20 June 2017.

The small-cap company has equity capital of Rs 104.36 crore. Face value per share is Rs 10.

With this win, OnMobile Global's flagship ringback tone will be available to more than 32 million customers of Banglalink in Bangladesh. Banglalink is one of the leading digital communications services providers of Bangladesh.

As per the deal, OnMobile Global will power Amar Tune (Ringback Tone) and Priyo Tune (Reverse Ringback Tone) for Banglalink by managing the platform, content as well as business operations for the next 3 years. OnMobile Global is the global leader in ringback tones.

On a consolidated basis, OnMobile Global reported net profit of Rs 1.63 crore for Q4 March 2017 as against net loss of Rs 14.80 crore for Q4 March 2016. Total income declined 21.82% to Rs 161.56 crore in Q4 March 2017 over Q4 March 2016.

OnMobile Global, headquartered in Bangalore and with offices across the globe, delivers over 575 million music plays daily to mobile users worldwide.

Previous News
  OnMobile Global consolidated net profit rises 1296.72% in the September 2023 quarter
 ( Results - Announcements 07-Nov-23   07:42 )
  OnMobile Global to hold board meeting
 ( Corporate News - 25-Jan-23   12:15 )
  Board of OnMobile Global recommends Final Dividend
 ( Corporate News - 21-May-22   12:12 )
  OnMobile Global appoints President and Chief Operations Officer
 ( Corporate News - 16-Jul-24   10:57 )
  OnMobile Global allots 4.51 lakh equity shares under ESOS
 ( Corporate News - 19-Jul-21   20:40 )
  OnMobile Global spurts on launching Crypto payments for players globally
 ( Hot Pursuit - 04-May-22   12:08 )
  OnMobile Global consolidated net profit rises 138.59% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   07:36 )
  OnMobile Global consolidated net profit rises 596.77% in the June 2019 quarter
 ( Results - Announcements 02-Aug-19   10:07 )
  OnMobile Global standalone net profit declines 47.89% in the September 2023 quarter
 ( Results - Announcements 06-Nov-23   17:41 )
  OnMobile Global allots 3328 equity shares under ESOS
 ( Corporate News - 20-May-21   21:20 )
  OnMobile Global allots 1.63 lakh equity shares under ESOS
 ( Corporate News - 17-Apr-21   10:58 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top