Internet software and services company Route Mobile announced Q2FY23 results: Revenue from operations stood at Rs. 845.8 crore as against Rs. 435.7 crore in Q2FY22 Profit Before Tax stands at Rs 82.3 crore as against Rs. 50.4 crore in Q2FY22 Profit After Tax reported was at Rs. 72.6 crore as against Rs. 42.1 crore in Q2FY22 EPS stands at Rs. 11.76 (basic) and Rs. 11.76 (diluted) Commenting on the results, Mr. Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, "I’m happy to announce that we have achieved yet another best quarterly revenue and operating profit to date. With this we mark six consecutive quarters of sequential revenue and adjusted PAT growth, demonstrating the stability of our business model. This is despite the geopolitical tensions, massive volatility across various currencies, and various other uncertainties that we are all grappling with. The underlying strength in the business continues to be robust, and we are optimistic of inching close to a 60% YoY revenue growth in FY2023. This is fueled by our resilient platform, deep domain expertise, and a highly capable Route Mobile Team spread across 20 global locations. The steady growth is a result of winning quality deals worldwide, and the revenues underline our increased value proposition and improved market competitiveness.” Result PDF
Internet Software & Services firm Route Mobile Announced Q1FY23 Result : Q1FY23 Revenue from Operations stands at Rs. 729.01 crore, PAT stands at Rs. 71.07 Crore Revenue from operations stood at Rs. 729.01 crore as against Rs. 377.52 crore in Q1FY22 Profit Before Tax stands at Rs 75.74 crore as against Rs. 42.92 crore in Q1FY22 Profit After Tax reported was at Rs. 71.07 crore as against Rs. 34.31 crore in Q1FY22 EPS stands at Rs. 11.02 (basic) and Rs. 11.02 (diluted) Q1 FY23 Vs Q4 FY22 (Consolidated): Revenue from operations for quarter ended June 30th, 2022 stood at Rs. 729.01 crore as compared to Rs. 626.07 crore in Q4 FY22 Profit Before Tax (PBT) stood at Rs. 75.74 crore for Q1 FY23 as compared to Rs. 46.81 crore in Q4 FY22. The company’s PBT margin stood at 10.39% Profit After Tax (PAT) reported at Rs. 71.07 crore for Q1 FY23 as against Rs. 47.42 crore in Q4 FY22. PAT margin stood at 9.75% “I am happy to state that we had an excellent start to FY23 on a strong note and have carried our growth momentum into 2022 with an exemplary 93% y-o-y growth and 16% sequential growth,” said Rajdipkumar Gupta, MD & Group CEO, Route Mobile Limited. “We continue to showcase our organizational resilience, uptick in client acquisition with diverse use cases as digital acceleration continues to redefine the future of work,” he added. Result PDF