ROUTE MOBILE LIMITED has informed the Exchange about change in Management: Re-designation of Mr. Rajdipkumar Gupta as Managing Director and Chief Executive Officer of the Company and changes in Senior Management of the Company.
ROUTE · price
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Route Mobile's board approved Q1 FY26 (quarter ended June 30, 2025) consolidated results showing revenue of Rs. 1,050.83 crores (down ~4.8% YoY from Rs. 1,103.42 crores) and net profit of Rs. 58.78 crores (down ~27.6% YoY from Rs. 81.16 crores), with EPS at Rs. 8.45 vs Rs. 12.51 last year. The board declared a first interim dividend of Rs. 3 per share (record date July 23, 2025) and fixed the 21st AGM for September 12, 2025. CEO Mr. Gautam Badalia resigned with immediate effect, and founder Mr. Rajdipkumar Gupta was re-designated as Managing Director and CEO effective July 18, 2025. Additional changes include Mr. Tejas Shah appointed as Company Secretary & Compliance Officer, Mr. Sammy Mamdani re-designated as COO, and Mr. Vinay Binyala appointed as Investor Relations Officer. The quarter also includes a net foreign exchange loss of Rs. 24.73 crores.
Profitability declined sharply YoY driven by lower revenue, higher employee and other expenses, and a significant forex loss, which may weigh on short-term sentiment. The leadership transition to the founder as MD & CEO provides continuity, and the Rs. 3 interim dividend signals ongoing shareholder returns despite weaker earnings.