Route Mobile Annual Results and Strategic Leadership Changes

Route Mobile Limited has announced its audited financial results for the year ended March 31, 2026. The company reported a strong performance with ₹4,408.21 crore in revenue from operations. Alongside the financial results, the Board has recommended a final dividend of ₹2 per share. Additionally, the company strengthened its leadership team with key appointments and confirmed the re-appointment of its internal auditor for the upcoming fiscal year.

Financial Highlights

For the financial year ended March 31, 2026, Route Mobile achieved consolidated revenue from operations of ₹4,408.21 crore. The profit before tax for the year stood at ₹353.04 crore, with a profit for the period of ₹256.94 crore. For the quarter ended March 31, 2026, the company recorded revenue of ₹1,130.90 crore and a quarterly profit of ₹114.43 crore.

Dividend Recommendation

The Board of Directors has recommended a final dividend of ₹2 per equity share (20%) for the financial year 2025-26, subject to approval by shareholders at the upcoming Annual General Meeting. This brings the total dividend for the financial year to ₹11 per share, inclusive of previous interim dividends of ₹3 each declared in July 2025, November 2025, and February 2026.

Leadership Appointments

The company has expanded its senior management team with two strategic appointments effective May 07, 2026. Mr. Alyque Sequeira has been appointed as Executive Advisor to the CEO, and Mr. Gaurav Jhunjunwala joins as Assistant General Manager (Legal). These appointments are part of the company’s efforts to bolster its leadership expertise in product strategy and legal compliance.

Operational Updates

The Board noted the lapse of 2,500 stock options granted under the 2017 ESOP plan. Furthermore, the company proposed a variation in the utilization of its initial public offering (IPO) proceeds, shifting the ₹650 million originally designated for purchasing office premises in Mumbai toward General Corporate Purposes, pending shareholder approval. Additionally, Mr. Nicolas Lecomte has been re-appointed as the Internal Auditor for the fiscal year 2026-27.

Source: BSE

Previous Article

Shakti Pumps (India) Leadership Re-appointments Announced

Next Article

Shakti Pumps (India) Limited Appointment of M.P. Turakhia & Associates as Cost Auditor