Route Mobile Q4 PAT surge 29% YoY to Rs 46 cr

18 May 2022 , 04:25 PM

Sequentially, net profit rose 2.61% while net sales rose 11.25% in Q4FY22 over Q3FY22. EBITDA stood at Rs 69.7 crore, rising 35.3% a year on year (YoY) but declining 9.7% quarter on quarter. Meanwhile, EBITDA margin declined to 11.1% in Q4 FY22 from 13.7% in Q3 FY22 and 14.2% in Q4 FY21. Profit before tax stood at Rs 46.81 crore in the fourth quarter, up by 10.24% from Rs 42.46 crore in the same period last year. On full year basis, the company reported a 24.64% increase in net profit to Rs 166.17 crore on a 42.3% rise in net sales to Rs 2002.03 crore in FY22 over FY21. Meanwhile, the board of directors of the company recommended final dividend of Rs 2 per equity share, for the financial year ended 31 March 2022. Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). RMLs portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics and monetization. Shares of Route Mobile tumbled 14.10% to close at Rs 1298.20 on the BSE. Powered by Capital Market – Live News