Brief: Onmobile Global Sees Marginal Adverse Impact On Q1 Rev Due To COVID-19 Disruptions
27/05/2020 08:47
May 27 (Reuters) - Onmobile Global Ltd ONMO.NS :
* REVENUE IN CERTAIN GEOGRAPHIES IMPACTED DUE TO COVID-19
PANDEMIC
* DISRUPTIONS EXPECTED TO HAVE MARGINAL ADVERSE IMPACT ON Q1
FY20-21 REVENUE
* IMPACT FROM DISRUPTIONS ON Q1 FY20-21 PROFITS NOT EXPECTED
TO BE
MATERIAL
* DOES NOT PLAN TO UNDERTAKE ANY MATERIAL EMPLOYEE
REDUCTION/SALARY REDUCTION IN Q1
Source text for Eikon: ID:nBSE9MfHg6
Further company coverage: ONMO.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on OnMobile Global
See all newsBrief: Onmobile Global To Consider Issuance Of Non-Convertible Debentures On Private Placement Basis
Brief: Onmobile Global Enters Wholesale Supply Agreement With Flipkart India
Brief: Onmobile Global Enters Into Strategic Partnership With Dialog Axiata PLC
India's OnMobile rises after partnership with Sri Lanka's Dialog Axiata
Indian gaming stocks extend slide after ban on money-based games