Mumbai, January 28, 2025

Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players, and mobile network operators has announced its financial results for the third quarter ended on December 31, 2024.

Highlights for Q3FY25 (YoY) Consolidated Financials

  • Revenue from operations stood at Rs. 1,183.79 crore as against Rs.1,024.31 crore in Q3FY24
  • Profit Before Exceptional Items and Tax stands at Rs 106.95 crore as against Rs. 116.59 crore in Q3FY24
  • Profit After Tax (PAT) reported was at Rs. 85.47 crore as against Rs. 113.64 crore in Q3FY24. PAT in Q3 FY24 was boosted by forex gain of Rs. 14.7 crore and exceptional Items amounting to Rs.15.04 crore which is fair value gain on contingent consideration pertaining to acquisition of a subsidiary in previous years, as compared to a forex loss of INR 4.3 crore in Q3 FY25.
  • EPS stands at Rs. 13.10 (basic) and Rs. 13.10 (diluted)

Q3 FY25 Vs Q2 FY25 (Consolidated)

Revenue from operations for the quarter ended December 31, 2024, stood at Rs. 1,183.79 crore as compared to Rs. 1,113.41 crore in Q2 FY25

Profit Before Exceptional Items and Tax (PBT) stood at Rs. 106.95 crore for Q3 FY25 as compared to Rs. 131.06 crore in Q2 FY25. The company’s PBT margin stood at 9.03%

Profit After Tax (PAT) reported at Rs. 85.47 crore for Q3 FY25 as against Rs. 107.03 crore in Q2 FY25. PAT margin stood at 7.22%. PAT in Q2FY25 was further boosted by forex gain of Rs. 25.0 crore and exceptional item amounting to Rs 6.28 crores which is net of the fair value gain on contingent consideration pertaining to acquisition of a subsidiary in previous years and recognition of impairment loss of goodwill pertaining to a step down subsidiary as compared to forex loss of INR 4.3 crore in Q3 FY25.

Commenting on the results, Mr. Gautam Badalia, Group Chief Executive Officer, Route Mobile Limited, said, “We have posted our highest ever quarterly revenue, despite a relatively slow festive season. We continue to grow at a faster rate as compared to the industry average. The CPaaS industry is facing certain challenges, however, we continue to remain optimistic about our growth opportunities”. He further added, “We continue to focus on delivering verticalized solutions. For instance, we have significantly expand our coverage of metro ticketing solutions, through our recent engagement with leading players including MRT Jakarta, and also Hyderabad Metro where we deployed the first RCS based ticketing solution. We were awarded the Partnership award at the RCS World Tour – India for this innovation”.

Mr. Rajdipkumar Gupta, Managing Director, Route Mobile Limited, added, “I am happy with the results we have posted in the last quarter. It shows our resilience and ability to push forward even in a challenging market. We continue to expand our customer footprint and unlock new use cases across industries that impact millions of users and bring about a change in the way customers access these services. I want to thank and congratulate our R&D team for continuously building innovative solutions”.

About Route Mobile Limited (www.routemobile.com) BSE: 543228; NSE: ROUTE)

Established in 2004, Route Mobile Limited (“RML”) is a cloud communications platform service provider catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). RML’s portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization. RML has a diverse enterprise client base across various industries, including social media companies, banks and financial institutions, e-commerce entities, and travel aggregators. RML is headquartered in Mumbai, India, with a global presence in Asia Pacific, the Middle East, Africa, Europe, and the Americas. Route Mobile is now a part of Proximus Group, a provider of digital services and communication solutions operating in Belgium and international markets.

About Proximus Global

Proximus Global, combining the strengths of Telesign, BICS, and Route Mobile, is transforming the future of communications and digital identity. Together, our solutions fuel innovation across the world’s largest companies and emerging brands. Our unrivaled global reach empowers businesses to create engaging experiences with built-in fraud protection across the entire customer lifecycle. Our comprehensive suite of solutions – from our super network for voice, messaging, and data, to 5G and IoT; and from verification and intelligence to CPaaS for personalized omnichannel engagement – enables businesses and communities to thrive. Reaching over 5 billion people worldwide, securing more than 180 billion transactions annually, and connecting 1,000+ destinations, we honor our commitment to connect, protect and engage everyone, everywhere.

Additional Resources

For more information, contact:

Mr. Sumit Zawar
Email : press@routemobile.com
Tel: +91-22-40337676

Ms Pooja Choudhary
Email : pooja.choudhary@conceptpr.com
Contact: +91 96198 55711