ROUTE MOBILE LIMITED has informed the Exchange that Board of Directors at its meeting held on July 17, 2025, declared Interim Dividend of Rs. 3 per equity share.
ROUTE · price
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Route Mobile's Board approved unaudited Q1 FY26 results showing consolidated revenue from operations of Rs. 1,050.83 crores, down from Rs. 1,103.42 crores in Q1 FY25. Consolidated profit after tax fell to Rs. 58.78 crores from Rs. 81.16 crores year-on-year, with EPS at Rs. 8.45 versus Rs. 12.51 earlier. Standalone results were mixed, with profit rising slightly to Rs. 30.41 crores despite a revenue dip. The Board declared a first interim dividend of Rs. 3 per equity share (30% on face value of Rs. 10), with record date set as July 23, 2025. Additionally, CEO Gautam Badalia resigned with immediate effect, founder Rajdipkumar Gupta was re-designated as Managing Director and CEO effective July 18, 2025, and new appointments were made for Company Secretary, COO, and Investor Relations Officer roles.
The revenue and profit decline year-on-year may pressure the stock in the short term, though the dividend declaration signals continued shareholder returns. The leadership transition—with founder Rajdipkumar Gupta taking on the CEO role—provides continuity and may be viewed positively by investors. The 21st AGM is scheduled for September 12, 2025.