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Route Mobile Ltd Q1 FY26 Results

ROUTEQ1 FY26 Results
Filing
MetricValue (₹ Cr)vs Q4 FY25
Revenue1.1K10.6%
Total Income1.1K10.6%
Expenditure985.239.1%
PBT76.573.0%
Net Profit58.782.5%
OPM8.94%0.67pp
NPM5.54%0.46pp
EPS8.455.9%
View full financials

Route Mobile Q1 FY25 Results: Revenue at Rs. 1,103.42 crore, PAT at Rs. 81.16 Crore

20 Jul 2024 · 20 Jul 2024, 03:12 am

Summary

Route Mobile Ltd, a leading cloud communication platform service provider, has announced its financial results for the first quarter ended on June 30, 2024. The company reported a revenue from operations of Rs. 1,103.42 crore, a Profit Before Tax (PBT) of Rs. 102.88 crore, and a Profit After Tax (PAT) of Rs. 81.16 crore. The results showed a Year-over-Year (YoY) growth in revenue and a decline in PAT compared to Q1 FY24. The quarter-over-quarter (QoQ) comparison showed an increase in revenue and a decrease in PBT and PAT compared to Q4 FY24.

Key Highlights

  1. 1

    Revenue from operations for Q1 FY25 stood at Rs. 1,103.42 crore, a YoY growth of 14.01%.

  2. 2

    PAT for Q1 FY25 reported at Rs. 81.16 crore, a YoY decline of 11.13%.

  3. 3

    The company became the largest enabler of WhatsApp based ticketing for metros in India.

  4. 4

    Featured in the Gartner Magic Quadrant for CPaaS 2024.

  5. 5

    Synergies are emerging with the Proximus group, like the deal between Proximus and Microsoft.

Management Comments

M

Mr. Guillaume Boutin

Chairman, Route Mobile Limited

I’m proud of Route Mobile’s first quarter results, making us one of the fastest growing companies in the CPaaS industry, thanks to the exposure to fast growing markets and economies. These results, along with our expectations for the year, underscore the advantages of our international strategy. The fact that these growth rates were reached during the integration phase with the Proximus Group is a clear testimonial of the team’s remarkable determination and adaptability

M

Mr. Rajdipkumar Gupta

Managing Director & Group Chief Executive Officer, Route Mobile Limited

We have started the new financial year with a strong performance in Q1. This is our highest quarterly revenue so far. We became the largest enabler of WhatsApp based ticketing for metros in India and we continue to deploy such unique solutions at scale, across industries. We have also been featured in the Gartner Magic Quadrant for CPaaS 2024. We are now a part of the Proximus group and the synergies are starting to emerge, like the deal between Proximus and Microsoft which will further expand the reach of our solutions and open new opportunities for us. We look forward to a successful year

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