Re-appointment of Mr. Nicolas Lecomte as the Internal Auditor for Financial Year 2026-27.
ROUTE · price
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Route Mobile reported audited consolidated results for FY2025-26 with revenue declining 3.7% to ₹4,408 crore from ₹4,576 crore in FY2024-25. Profit after tax dropped significantly by 23% to ₹257 crore from ₹334 crore, impacted by ₹136 crore in exceptional items primarily from vendor-related write-offs (₹108 crore from an arbitration settlement and ₹28 crore from another vendor ceasing operations). Despite the profit decline, the company maintained strong operating cash flows of ₹581 crore. The Board recommended a final dividend of ₹2 per share, taking total FY2025-26 dividend to ₹11 per share. Statutory auditors Walker Chandiok issued an unmodified opinion. The Board also approved reallocation of ₹65 crore IPO proceeds (originally for Mumbai office premises) to general corporate purpose and appointed senior management personnel.
The 23% PAT decline and large exceptional write-offs signal operational challenges, likely from competitive pressures in the messaging business. The dividend maintains shareholder returns, but investors should monitor the underlying business trajectory as revenue also declined year-on-year.