ROUTE MOBILE LIMITED has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 2 per equity share.
ROUTE · price
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On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 6.1 pts less than its Other Telecom Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Route Mobile Limited reported FY 2025-26 audited consolidated results with revenue from operations of Rs. 4,408 crore, down from Rs. 5,576 crore in the previous year. Profit after tax stood at Rs. 257 crore compared to Rs. 334 crore last year, impacted by exceptional write-offs of Rs. 136 crore primarily due to vendor disputes and arbitration settlements. The Board recommended a final dividend of Rs. 2 per share, taking the total dividend for FY 2025-26 to Rs. 11 per share (including three interim dividends of Rs. 3 each already paid). Additionally, the Board approved reallocation of Rs. 65 crore of unutilized IPO proceeds originally meant for office premises to general corporate purposes, subject to shareholder approval. The auditors issued an unmodified opinion on the financial statements.
The dividend payout remains consistent with the previous year, signaling confidence in cash flows despite lower profitability. However, the revenue decline and exceptional write-offs may create short-term negative sentiment. The strong overseas segment (Rs. 4,129 crore revenue) continues to drive results.