ROUTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Route Mobile reported FY2026 consolidated revenue of ₹4,408.21 crore (vs ₹4,575.62 crore prior year), with profit before tax at ₹353.04 crore (vs ₹426.11 crore), a decline driven by ₹135.87 crore in exceptional items primarily from write-offs of ₹107.96 crore related to an arbitration settlement with a vendor and ₹27.91 crore from another vendor who ceased operations. Basic EPS fell to ₹37.94 from ₹50.69. The Board recommended a final dividend of ₹2 per share, bringing total FY26 dividend to ₹11 per share (including three interim dividends). 2,500 ESOP options lapsed under the 2017 plan. The company also seeks shareholder approval to reallocate ₹65 crore of unutilised IPO proceeds from the original Mumbai office purchase object to general corporate purposes. Two senior management personnel were appointed: Mr. Alyque Sequeira (Executive Advisor to CEO) and Mr. Gaurav Jhunjunwala (AGM-Legal). Auditors gave an unmodified opinion.
Profit declined due to exceptional write-offs, but core operations remained stable. The dividend payout continues and cash reserves are strong at ₹880 crore. The ₹135.87 crore in exceptional items represents a one-time hit; underlying earnings before exceptional items and tax were ₹488.91 crore (up from ₹444.56 crore), suggesting solid operational performance despite the headline profit drop.