ROUTE MOBILE LIMITED has informed the Exchange that Board of Directors at its meeting held on May 07, 2025, recommended Final Dividend of Rs. 2 per equity share.
ROUTE · price
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Route Mobile's board, at its May 7, 2025 meeting, approved audited consolidated results for Q4 and FY ended March 31, 2025, with revenue from operations rising to ₹4,575.62 crores (up ~13.7% from ₹4,023.29 crores in FY24). However, profit for the year declined to ₹333.93 crores from ₹388.84 crores, and basic EPS fell to ₹50.69 from ₹59.95, partly cushioned by a net exceptional gain of ₹18.45 crores versus a ₹16.84 crore loss last year. The board recommended a final dividend of ₹2 per share, taking the total FY25 dividend to ₹11 per share (₹6 first interim + ₹3 second interim + ₹2 final). Auditor Walker Chandiok & Co LLP issued an unmodified opinion but flagged an Emphasis of Matter relating to a subsidiary's ₹196.61 crore vendor advance, ongoing arbitration, and a vendor counter-claim, with ₹113.44 crore still treated as recoverable. The board also appointed a new secretarial auditor (Makarand M. Joshi & Co for 5 years), an internal auditor, and additional directors at two material subsidiaries.
Positive on shareholder returns via a robust ₹11 total dividend, but the double-digit drop in FY25 profit despite revenue growth and the unresolved arbitration over a large vendor advance are points of concern. Investors should watch the outcome of the subsidiary's arbitration, as an adverse ruling could trigger additional provisions beyond the existing ₹26.70 crore.