ROUTE MOBILE LIMITED has informed the Exchange regarding Appointment of Mr. Tejas shah as Company Secretary & Compliance Officer and KMP of the company w.e.f. July 17, 2025.
ROUTE · price
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Route Mobile announced Q1 FY26 consolidated results with revenue from operations of ₹1,050.83 crores, down about 4.8% from ₹1,103.42 crores in Q1 FY25. Profit after tax fell sharply to ₹58.78 crores from ₹81.16 crores last year (down ~27.6%), dragging EPS to ₹8.45 versus ₹12.51. India segment revenue dipped to ₹219.47 crores while overseas revenue declined to ₹992.73 crores. The Board declared a first interim dividend of ₹3 per share (30% on face value of ₹10) with record date July 23, 2025, and fixed the 21st AGM for September 12, 2025. In a major leadership change, CEO Gautam Badalia resigned with immediate effect; founder Rajdipkumar Gupta was redesignated as Managing Director & CEO, Sammy Mamdani elevated to COO, and Tejas Shah appointed as new Company Secretary. The auditor flagged an Emphasis of Matter on a subsidiary's ₹107.63 crores net advance to a vendor under an onerous SMS volume contract, with arbitration underway and counter-claims filed by the vendor.
Shareholders get a ₹3 per share interim dividend, but the YoY drop in revenue and profit, plus the unresolved vendor arbitration overhang, are negatives. Investors should watch for clarity on the ongoing arbitration outcome and whether overseas revenue stabilises in coming quarters.