ROUTE MOBILE LIMITED has informed the Exchange regarding Board meeting held on November 03, 2025 on unaudited financial results for quarter ended September 30, 2025.
ROUTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Route Mobile's board approved unaudited financial results for Q2 FY26 (quarter ended September 30, 2025). On a consolidated basis, revenue from operations stood at Rs. 1,119.42 crore versus Rs. 1,113.41 crore in Q2 FY25, essentially flat year-on-year. However, the company swung to a consolidated net loss of Rs. 18.83 crore (vs profit of Rs. 107.03 crore in Q2 FY25) after booking an exceptional item of Rs. 135.87 crore, consisting of a Rs. 107.96 crore write-off from an arbitration with a vendor at a subsidiary and Rs. 27.91 crore write-off from another vendor that ceased operations. Standalone revenue declined to Rs. 180.27 crore from Rs. 209.28 crore, with standalone PAT falling to Rs. 32.92 crore from Rs. 48.00 crore. The auditor flagged both vendor matters as Emphasis of Matter. The board also declared a second interim dividend of Rs. 3 per share with November 10, 2025 as the record date.
The large exceptional write-offs wiped out quarterly profitability at the consolidated level, turning Q2 into a loss and likely weighing on near-term sentiment despite continued dividend payouts. Investors should note the auditor's emphasis-of-matter flag on the subsidiary vendor disputes, which represent significant governance and counterparty risk.