Name: Latest research reports of Route Mobile Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Route Mobile Ltd.
Rating: 5
Author: ICICI Securities Limited

Exceeds expectations on growth and margins

Buy: Route Mobile Ltd.

Recommendation Target

ICICI Securities Limited

Route Mobile (Route) has reported strong revenue growth of 16% QoQ and 94.1% YoY
to Rs8,458mn led by strong organic revenue growth of 20.6% QoQ, 40% YoY and
contribution from acquisitions.