Mumbai: Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players and mobile network operators, has announced its financial results for the second quarter and half year ended on 30th September, 2021.
Highlights for Q2 FY22 (QoQ) Consolidated Financials
· Revenue from Operations stood at Rs. 435.67 crore as against Rs. 377.52 crore in Q1FY22
· EBITDA reported at Rs. 61.66 crore as against Rs. 49.14 crore in Q1FY22
· Profit Before Tax stands at Rs. 50.41 crore as against Rs. 42.93 crore in Q1FY22
· Profit After Tax reported was at Rs. 42.07 crore as against Rs. 34.32 crore in Q1FY22
· EPS stands at Rs. 7.29 (basic) and Rs. 7.16 (diluted)
H1FY22 (Consolidated)
Revenue from operations for the half-year ended September 30th, 2021 stood at Rs. 813.19 crore.
The Earnings before Interest, Tax, Depreciation, and Amortization stood at Rs. 110.80 crore in H1FY22. The Company’s EBITDA margin stood at 13.63%
Profit Before Tax (PBT) stood at Rs. 93.34 crore for H1FY22. The Company’s PBT margin stood at 11.38%
Profit After Tax (PAT) reported stood at Rs. 76.39 crore for H1FY22 as against Rs. 59.66 crore in H1FY21. PAT margin stood at 9.32%
Commenting on the results, Mr. Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, “We are pleased with our overall performance through Q2, the launch of SendClean – our self-serve email delivery platform, as well as integrating our APIs on few leading CRMs. Our recent proposed acquisitions in LATAM & Kuwait will enable us to grow our business within these regions.” He further added, “Moreover, the launch of our Global Developer API Challenge (Hackathon) under our flagship program RAPID, promises to bring in newer ideas to help us simplify communication for businesses. I’m equally excited to see our fully vaccinated colleagues back to the office, given our paramount emphasis on health and safety.”
