ROUTE MOBILE LIMITED has informed the Exchange regarding Re-appointment of Mr Nicolas Lecomte as Internal Auditor of the company.
ROUTE · price
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Route Mobile Limited reported audited consolidated results for FY2025-26 with revenue declining 3.66% to ₹4,408.21 crores from ₹4,575.62 crores. Profit after tax fell 23% to ₹256.94 crores from ₹333.93 crores, impacted by exceptional items of ₹135.87 crores (write-offs from two vendor disputes totaling ₹135.87 crores). The auditors issued an unmodified opinion but included emphasis of matter on vendor arbitration write-offs. The Board recommended a final dividend of ₹2 per share, taking total FY26 dividend to ₹11 per share. The company also approved re-appointment of Mr. Nicolas Lecomte as Internal Auditor and proposed variation in IPO proceeds (₹65 crore for office premises to general corporate purpose). Borrowings were completely paid down from ₹440.96 crores to nil.
Revenue and PAT declines, along with large exceptional write-offs, may concern investors near-term. However, strong operating cashflow of ₹581 crore, zero debt, and EBITDA margin expansion signal underlying operational strength. The clean audit with emphasis of matter (not a qualification) provides some comfort.