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The latest announcement is out from Route Mobile, Ltd. ( (IN:ROUTE) ).
Route Mobile Limited reported consolidated revenue from operations of Rs. 1,107.06 crore for the third quarter of FY26, slightly lower year-on-year, while profit before tax rose to Rs. 135.21 crore and profit after tax climbed to Rs. 102.56 crore, with earnings per share at Rs. 15.51. Sequentially, revenue was broadly flat but profitability rebounded sharply from the prior quarter’s loss, with PAT swinging from a negative Rs. 18.83 crore in Q2 FY26 to a profit of Rs. 102.56 crore and margins improving.
Alongside the results, the board re-designated founder Rajdipkumar Gupta as managing director after he stepped down as chief executive officer, while he also took on an advisory role to Proximus Global CEO and Route Mobile group chairman Seckin Arikan, retaining his equity interest in Proximus Global. The company elevated Tushar Agnihotri to CEO and key managerial personnel with a mandate to drive growth and profitability, a leadership reshuffle that aims to bring greater strategic clarity and position Route Mobile for its next phase of sustainable, profitable expansion within the CPaaS market.
More about Route Mobile, Ltd.
Route Mobile Limited is a Mumbai-headquartered cloud communications platform service provider serving enterprises, over-the-top players and mobile network operators. The company operates in the CPaaS segment, focusing on messaging and related communication solutions that enable clients to engage customers at scale across regions.
Average Trading Volume: 42,908
Technical Sentiment Signal: Sell
Current Market Cap: 36.13B INR
Learn more about ROUTE stock on TipRanks’ Stock Analysis page.