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Route Mobile Ltd Q4FY24; 9% fall in Profits

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 Q4FY24 of ₹1,017.00 Crores up from ₹1,009.00 Crore year on year, a rise of 0.79%.

Total Expenses for Q4FY24 of ₹922.00 Crores up from ₹903.00 Crores year on year, a rise of 2.1%.

Consolidated Net Profit of ₹95.00 Crores down 8.65% from ₹104.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.03, down 13.77% from ₹16.27 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.

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