Route Mobile Registers 8.5% Decline In Q4 Net Profit
Route Mobile's Q4 net profit declines by 8.5% to Rs 95.16 crore, while revenue from operations remains almost flat at Rs 1,017.03 crore.06-05-2024
06-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Route Mobile Ltd.
Internet Software & Services company Route Mobile announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from operations stood at Rs 1,017.03 crore as against Rs 1,008.66 crore in Q4FY23 Profit Before Tax stands at Rs 109.39 crore as against Rs 120.36 crore in Q4FY23 Profit After Tax reported was at Rs 95.16 crore as against Rs 104.05 crore in Q4FY23 EPS stands at Rs 14.05 (basic) and Rs 13.87 (diluted) FY24 Financial Highlights: Revenue from operations for the full year ended March 31, 2024 stood at Rs 4,023.29 crore as against Rs 3,569.23 crore in FY23. Profit Before Tax (PBT) stood at Rs 455.08 crore for FY24 as against Rs 381.50 crore in FY23. The Company’s PBT margin stood at 11.31% (on revenue). Profit After Tax (PAT) reported at Rs 388.84 crore for FY24 as against Rs 333.11 crore in FY23. PAT margin stood at 9.66% (on revenue). Commenting on the Company’s FY24 performance, Rajdip Gupta, MD & Group Chief Executive Officer, Route Mobile, said, “FY24 has been a remarkable year for Route Mobile. We registered our highest quarterly revenues in Q2 & Q3 and registered good growth in H1. We continue to acquire some large customers and deliver unique solutions across industries. I am very proud of the team and congratulate them on a great performance. We were awarded ‘Enterprise MarTech Vendor of the year’ by e4m & ‘Best Mobile Authentication Solution’ by Juniper Research in Q4” He further added, “The CPaaS industry is witnessing some headwinds since November 2023 in terms of enterprise cost optimization initiatives, particularly from global OTTs and shifts in communication channels. We remain vigilant of these changes and our strategic roadmap is well aligned to leverage the emerging opportunities. We have secured strategic deals and laid the groundwork for a stronger FY25”. Result PDF06-05-2024
Route Mobile Ltd - 543228 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation06-05-2024
Route Mobile Ltd - 543228 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release for the financial results for the quarter and year ended March 31, 202406-05-2024
Route Mobile Ltd - 543228 - Corporate Action-Board approves Dividend
Board recommends final dividend of Rs. 2 per share for FY 2023-2406-05-2024
Route Mobile Ltd - 543228 - Result - Financial Results For March 31, 2024
Financial Results for March 31, 202406-05-2024
Route Mobile Ltd - 543228 - Board Meeting Outcome for Outcome Of Board Meeting Held On May 6, 2024
Outcome of Board Meeting held on May 06, 2024.06-05-2024
Route Mobile Ltd - 543228 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith the schedule of Earnings Conference Call to be held on May 6, 2024 as Annexure 1.30-04-2024
Route Mobile Ltd - 543228 - Corporate Action-Board to consider Dividend
Prior intimation under Regulation 29 of the Securities and Exchange Board of India (LODR) Regulations, 2015. Pursuant to Regulation 29(1) of the SEBI(LODR) Regulations, 2015 it is hereby informed that, the meeting of the Board of Directors of Route Mobile Limited (the ''Company'') is scheduled to be held on Monday, May 6, 2024, inter alia to consider and approve: a) Financial Results: Audited Financial Results (Standalone and Consolidated) for the last quarter and year ended March 31, 2024; b) Dividend: Recommending a final dividend on the Equity shares of the Company for the financial year ended March 31, 2024, if any.30-04-2024