ROUTE MOBILE LIMITED has informed the Exchange regarding Forfeiture/Cancellation of 3000 Options.
ROUTE · price
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Awaiting price reaction for this filing.
Route Mobile's Board approved its Q2 and H1 FY26 results (ended September 30, 2025) on November 3, 2025. Standalone revenue fell to Rs. 180.27 crore in Q2 from Rs. 209.28 crore a year ago, with standalone profit dropping to Rs. 32.92 crore from Rs. 48 crore. On a consolidated basis, revenue was broadly flat at Rs. 1,119.42 crore, but the company swung to a consolidated loss of Rs. 18.83 crore in Q2 (vs. a profit of Rs. 107.03 crore last year) after booking a Rs. 135.87 crore exceptional charge. This charge relates to two vendor issues: Rs. 107.96 crore written off from an arbitration dispute and Rs. 27.91 crore from a vendor that ceased operations. The auditor (Walker Chandiok) flagged both matters as emphasis-of-matter notes. The Board also declared a second interim dividend of Rs. 3 per share (record date November 10, 2025) and noted the lapse of 3,000 stock options under the ESOP 2021 plan due to employee exits.
Near-term sentiment is likely negative due to the large vendor-related write-offs and a consolidated quarterly loss, even as revenue holds steady and the company continues returning cash via dividends. Shareholders should watch for recovery of margins and resolution of the vendor/arbitration issues in coming quarters.