Route Mobile FY26: ₹4,408 Cr Revenue, ₹257 Cr Profit; ₹11 Dividend Proposed

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AuthorRiya Kapoor|Published at:
Route Mobile FY26: ₹4,408 Cr Revenue, ₹257 Cr Profit; ₹11 Dividend Proposed
Overview

Route Mobile announced its FY26 audited results, reporting ₹4,408.21 crore in consolidated revenue and ₹256.94 crore in profit after tax. The board recommended a ₹2 final dividend, taking the total for the year to ₹11 per share. It also approved re-allocating ₹65 crore of unutilised IPO funds for general corporate purposes and flagged exceptional write-offs totalling over ₹135 crore.

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Route Mobile has announced its audited financial results for the fiscal year ended March 31, 2026. The company reported consolidated revenue of ₹4,408.21 crore and a consolidated profit after tax (PAT) of ₹256.94 crore.

The Board of Directors recommended a final dividend of ₹2 per equity share for FY26. This brings the total recommended dividend for the year to ₹11 per share, an increase from ₹9 in the previous fiscal year. The company's revenue grew from ₹3,800 crore in FY25, and PAT rose to ₹256.94 crore from ₹220 crore in FY25.

A notable decision involved the reallocation of unutilised Initial Public Offering (IPO) proceeds. The board approved using the remaining ₹65 crore for general corporate purposes. This change in fund utilization requires shareholder consent and signifies a shift in capital deployment strategy.

However, the financial report also flagged significant exceptional items. Route Mobile reported write-offs totalling over ₹135 crore, stemming from vendor settlements and advances. These include ₹107.96 crore for vendor settlement arbitration and ₹27.91 crore for an unrecoverable vendor advance, which may indicate past operational or contractual challenges.

In addition to financial results, the board approved the appointment of Mr. Alyque Sequeira and Mr. Gaurav Jhunjunwala as Senior Management Personnel. Mr. Nicolas Lecomte was also re-appointed as Internal Auditor for FY27.

Comparing its performance, Route Mobile's FY26 revenue of ₹4,408.21 crore and PAT of ₹256.94 crore position it relative to peers. Tanla Platforms reported FY26 consolidated revenue of ₹3,400.57 crore and PAT of ₹181.64 crore. Symphony Communication posted FY26 consolidated revenue of ₹789.50 crore and PAT of ₹70.32 crore for the same period.

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