Internet Software & Services company Route Mobile announced Q2FY24 results:
- Revenue from operations stood at Rs 1,014.61 crore as against Rs 845.84 crore in Q2FY23
- Profit Before Tax stands at Rs 103.83 crore as against Rs 82.27 crore in Q2FY23
- Profit After Tax reported was at Rs 88.35 crore as against Rs 72.63 crore in Q2FY23
- EPS stands at Rs 14.21 (basic) and Rs 13.54 (diluted)
Commenting on the results, Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile, said, “I am delighted to share that we have registered our highest ever quarterly revenue and a YoY growth of over 25% in both revenue and profits in H1FY24. Traditionally, in Q2, there is a dip in volumes globally. However, we have not only preserved our volumes but grown substantially. We have signed some big contracts in this quarter across APAC. I am extremely delighted about this progress, and I look forward to a successful H2”.
He further added, “We have been recognized as a major player in the Gartner Magic Quadrant for CPaaS, featured as a key vendor in 4 Gartner Hype Cycles, and also awarded for Best Governance. We've set up an Integration Governance Committee, pooling in senior leaders from Proximus, Route Mobile, and Telesign, all working together to ensure smooth sailing”.