Mumbai, India – January 28, 2025: Route Mobile Limited (NSE: ROUTE, BSE: 543228), a leading cloud communications platform provider, has announced its unaudited financial results for Q3 FY2024-25. The company reported strong 15.6% YoY revenue growth and a second interim dividend of ₹3 per share.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)
- Revenue from Operations: ₹1,183.79 crore (YoY increase of 15.6% from ₹1,024.31 crore)
- Total Income: ₹1,192.42 crore (YoY increase of 14.2%)
- Profit Before Tax (PBT): ₹106.95 crore (YoY decline of 18.8% from ₹131.63 crore)
- Profit After Tax (PAT): ₹85.47 crore (YoY decline of 24.8% from ₹113.64 crore)
- Earnings Per Share (EPS): ₹13.10 per share.
Nine-Month Performance (April – December 2024)
- Total Revenue: ₹3,400.62 crore (up 13.1% YoY)
- Profit Before Tax (PBT): ₹347.16 crore (up 0.4% YoY)
- Profit After Tax (PAT): ₹273.65 crore (down 6.8% YoY)
- Earnings Per Share (EPS): ₹41.72 per share.
Dividend Announcement
- Second Interim Dividend Declared: ₹3 per share.
- Record Date: February 1, 2025
- Dividend Payment Date: On or before February 20, 2025
- Tax Deduction: Dividend payments will be subject to tax deduction at source (TDS) per the Income Tax Act, 1961.
Strategic Developments & Key Announcements
- Appointment of New Leadership:
- Rajeshwar Singh Gill was appointed Group CFO, bringing expertise in financial transformation and value creation from Virgin Media O2 and Proximus Opal.
- Ramesh Helaiya was elevated to Chief Information Security Officer and Chief Telecommunication Security Officer, ensuring strengthened cybersecurity and telecom compliance.
- Stock Options Lapsed:
- 10,000 ESOPs from the 2017 Plan and 500 ESOPs from the 2021 Plan lapsed due to cessation of employment.
- Investor Call Scheduled:
- Q3 earnings discussion to be held on January 28, 2025, at 4:30 PM IST.
Segment-Wise Performance
- India Revenue: ₹235.96 crore (up 20.2% YoY)
- Overseas Revenue: ₹1,119.81 crore (up 19.7% YoY)
- Inter-Segment Revenue: ₹171.98 crore.
Market Outlook & Investor Takeaways
- Continued global expansion and enterprise adoption of CPaaS solutions driving revenue growth.
- Substantial leadership additions in finance and cybersecurity to enhance operational efficiency and security compliance.
- Dividend declaration reinforces financial stability and shareholder value.