Route Mobile is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Their product portfolio includes smart solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization. It was incorporated in 2004. It was listed in September, 2020. The promoters have over 2 decades of experience in the software and the communications sector.
Financial Results:
Route Mobile Ltd reported Revenues for Q1FY24 of ₹967.00 Crores up from ₹729.00 Crore year on year, a rise of 32.65%.
Total Expenses for Q1FY24 of ₹872.00 Crores up from ₹668.00 Crores year on year, a rise of 30.54%.
Consolidated Net Profit of ₹92.00 Crores up 29.58% from ₹71.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹14.80, up 34.42% from ₹11.01 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.