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May 08, 2012, 12.56 PM IST
Bangalore-based OnMobile Global, a value added services company for mobile, landline and media service providers, has reported a significant fall of 72.22% quarter-on-quarter in its net profit of Rs 5 crore for the fourth quarter of FY12.
Tax expense of the company increased sharply by 225% to Rs 13 crore from Rs 4 crore during the same period. Net sales went up just 5.33% to Rs 178 crore in January-March quarter of 2012 from Rs 169 crore in October-December quarter of 2011. OnMobile has decided to pay a dividend of Re 1 a share.
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