ROUTE MOBILE LIMITED has informed the Exchange regarding Board meeting held on July 17, 2025.
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Route Mobile's board approved its Q1 FY26 (ended June 30, 2025) unaudited results, declaring a first interim dividend of Rs. 3 per share (30% on face value of Rs. 10) with a record date of July 23, 2025. Consolidated revenue from operations fell to Rs. 1,050.83 crore from Rs. 1,103.42 crore in Q1 FY25 (down ~4.8% YoY), while consolidated profit after tax dropped sharply to Rs. 58.78 crore from Rs. 81.16 crore (down ~27.6% YoY). On a standalone basis, revenue declined to Rs. 182.72 crore (from Rs. 208.26 crore) but profit rose to Rs. 30.41 crore (from Rs. 28.21 crore). The auditor's review report includes an emphasis of matter on an ongoing arbitration with a vendor over a Rs. 196.61 crore advance related to a minimum SMS volume contract, where the balance recoverable advance stands at Rs. 107.63 crore. The 21st AGM is scheduled for September 12, 2025.
Shareholders will receive a Rs. 3 per share interim dividend (tax will be deducted at source). The YoY decline in both consolidated revenue and profit is a negative signal, but the standalone business showed profit growth. Investors should watch the vendor arbitration outcome, as an adverse ruling could lead to additional provisions. Senior leadership change — CEO Gautam Badalia's resignation and founder Rajdipkumar Gupta taking over as MD & CEO — may bring strategic continuity but introduces execution risk.