ROUTE MOBILE LIMITED has informed the Exchange that Board of Directors at its meeting held on November 03, 2025, declared Interim Dividend of Rs. 3 per equity share.
ROUTE · price
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Route Mobile's Board approved unaudited Q2 and H1 FY26 results (standalone and consolidated) on November 3, 2025, and declared a second interim dividend of Rs. 3 per share with a record date of November 10, 2025. On a standalone basis, revenue from operations fell about 14% year-on-year to Rs. 180.27 crore in Q2 and PAT declined roughly 31% to Rs. 32.92 crore (EPS Rs. 5.22 vs Rs. 7.64). On a consolidated basis, the company swung to a loss of Rs. 18.83 crore in Q2 from a profit of Rs. 107.03 crore a year ago, dragged by a one-time exceptional charge of Rs. 135.87 crore. This exceptional item includes a Rs. 107.96 crore write-off of an advance to a vendor involved in arbitration, and a Rs. 27.91 crore write-off from another vendor that ceased operations. The statutory auditor flagged both items as an emphasis of matter, though the review opinion itself remains unmodified. Standalone operating cash flow also turned sharply negative at Rs. (209.17) crore in H1 FY26 versus Rs. 122.53 crore positive a year ago, mainly due to a steep drop in trade payables.
The Rs. 3 dividend is a small positive for shareholders (around Rs. 19 crore payout), but the underlying picture is weak: standalone revenue and profit are declining, consolidated profit has flipped to a loss, and there are serious vendor and cash-flow concerns. The Rs. 135.87 crore write-off is one-off in nature, but the size, the auditor's emphasis-of-matter flag, and the swing in working capital are likely to weigh on the stock in the near term.