Route Mobile Limited (“Route Mobile”), one of the leading CPaaS (Communication Platform as a Service) provider to enterprises, over-the-top (“OTT”) players and mobile network operators, has announced its financial results for the third quarter and nine months ended on 31st December, 2021.
Highlights for Q3 FY21-22 (Q-o-Q) Consolidated Financials
- Revenue from Operations stood at Rs. 562.77 crore as against Rs. 435.67 crore in Q2 FY21-22
- Profit Before Tax stands at Rs. 57.92 crore as against Rs. 50.41 crore in Q2 FY21-22
- Profit After Tax reported was at Rs. 48.28 crore as against Rs. 42.07 crore in Q2 FY21-22
- EPS stands at Rs. 7.71 (basic) and Rs. 7.71 (diluted)
9 months ended FY21-22 (Consolidated)
Revenue from operations for the nine months ended December 31, 2021 stood at Rs. 1,375.96 crore.
Profit Before Tax (PBT) stood at Rs. 151.27 crore for 9 months ended December 31, 2021. The Company’s PBT margin stood at 11.0%
Profit After Tax (PAT) reported stood at Rs. 124.67 crore for nine months ended December 31, 2021 as against Rs. 97.28 crore in 9 months ended December 31, 2020. PAT margin stood at 9.1%.
Commenting on the results, Mr. Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, “I am extremely pleased to announce the best quarterly revenue results till date. We successfully raised INR 8,674.90 million via a QIP from marquee investors, accomplished Rapid’s Global API Challenge – Hackathon, our developer outreach program with participation of over 7000 developers across the globe using our APIs and launched our Payment As a Service offering that facilitates a 360-degree seamless payment experience to customers”. He further added,” It gives me immense pleasure to have completed two acquisitions, Masivian in Latin America and Interteleco, a Kuwait-based Company. I am confident that it will strengthen enterprise segment growth and enhance our operator relationships in both regions. I am also happy to announce that Route Mobile Limited has received ESG risk rating ‘A’ based on factors such as our Community Support & Development, Data Privacy & Security, Board Independence, and Ethical Business Practices.”
Based on our superlative performance in Q3FY2021-22, the Board of Directors has approved an interim dividend of INR 3 per equity share.
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 a broad range of 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, Middle East, Africa, Europe and North America.
For more information, contact:
Global Head – Marketing & Communication, Route Mobile Limited