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 fourth quarter and full year ended on 31st March, 2022.
Highlights for Q4 FY22 Consolidated Financials
- Revenue from Operations stood at Rs. 626.07 crore as against Rs. 562.77 crore in Q3FY22
- Profit Before Tax stands at Rs 46.81 crore as against Rs. 55.09 crore in Q3FY22
- Profit After Tax reported was at Rs. 47.42 crore as against Rs. 46.29 crore in Q3FY22
- EPS stands at Rs. 7.29 (basic) and Rs. 7.29 (diluted)
FY22 Vs FY21 (Consolidated)
Revenue from operations for the full year ended March 31st, 2022 stood at Rs. 2002.03 crore as against Rs 1406.18 crore in FY20-21
Profit Before Tax (PBT) stood at Rs. 195.22 crore for FY21-22 as against Rs. 161.55 crore in FY20-21. The company’s PBT margin stood at 9.75%
Profit After Tax (PAT) reported stood at Rs. 170.08 crore for FY21-22 as against Rs. 132.76 crore in FY20-21. PAT margin stood at 8.50%
Commenting on the results, Mr. Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, “I am extremely proud to announce our team has delivered best ever quarterly revenue result back-to-back. We have outperformed our revenue growth guidance of 30% revenue growth in FY2022 by a margin and have demonstrated an industry leading growth rate of 42% in FY21-22. The magnitude of our CPaaS expertise is reflected in our revenues for FY21-22, as we advance towards our ambitions of continuing with a strong growth momentum of delivering at least 40% y-o-y growth in FY22-23.” He further added, “Brands, Enterprises and Operators continue to partner with Route Mobile to transform digitally, deploy scalable communications platform and deliver superlative customer experience.
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:
Tanmay Ayare
Global Head – Marketing & Communication, Route Mobile Limited
press@routemobile.com
+91-22-40337676