Route Mobile Limited has announced its audited financial results for the year ended March 31, 2026, reporting a consolidated annual net profit of ₹256.94 crore. The Board of Directors has recommended a final dividend of ₹2 per share for the fiscal year, bringing the total dividend to ₹11 per share. Additionally, the company has appointed new senior management personnel and approved a strategic variation in the utilization of its initial public offer (IPO) proceeds.
Annual Financial Performance
For the fiscal year ending March 31, 2026, the company recorded a total consolidated income of ₹4,462.30 crore. The net profit after tax reached ₹256.94 crore, reflecting the company’s performance throughout the year. The company’s statutory auditors have provided an unmodified opinion regarding these annual financial results, underscoring the accuracy of the reported figures.
Dividend Payout
Demonstrating its commitment to shareholder value, the Board has recommended a final dividend of ₹2 per equity share (face value of ₹10 each) for the financial year 2025-26. This is subject to approval at the upcoming Annual General Meeting. Including the three interim dividends of ₹3 each previously approved throughout the year, the total dividend payout for the fiscal year aggregates to ₹11 per share.
Strategic Business Updates
The Board has approved a variation in the use of ₹650 million of its remaining IPO proceeds, reallocating these funds from the original plan of purchasing office premises in Mumbai to General Corporate purposes. In other organizational developments, the company has strengthened its leadership team with the appointment of Mr. Alyque Sequeira as Executive Advisor to the CEO and Mr. Gaurav Jhunjunwala as AGM-Legal. Furthermore, Mr. Nicolas Lecomte has been re-appointed as the Internal Auditor for the 2026-27 financial year.
Operational Highlights
The company also noted a minor adjustment in its equity structure, with the lapse of 2,500 stock options granted under the ESOP Plan 2017. The financial statements also highlight the successful resolution of complex contract negotiations, which resulted in the write-off of certain outstanding advances as an exceptional item, allowing the company to move forward with a cleaner balance sheet as it enters the new fiscal year.
Source: BSE
