Route Mobile has reported a net profit of Rs 710.1 million for the quarter ended (QE) June 30, 2022, witnessing a 49.8 per cent growth sequentially. Meanwhile, the revenue from operations for reported quarter stood at Rs 7.29 billion as compared to Rs 6.26 billion in the fourth quarter (Q4) FY’2021-22.
Besides, the profit before tax (PBT) for the company stood at Rs 757.4 million as against Rs 429.2 million in first quarter (Q1) FY’2021-22. Further, during the reported quarter, the earning per share (EPS) stood at Rs 11.02 (basic) and Rs 11.02 (diluted).
Commenting on the results, Rajdipkumar Gupta, MD and Group CEO, Route Mobile Limited, said, “I am happy to state that we had an excellent start to FY’2022-23 on a strong note and have carried our growth momentum into 2022 with an exemplary 93 per cent Y-o-Y growth and 16 per cent sequential growth. We continue to showcase our organisational resilience, uptick in client acquisition with diverse use cases as digital acceleration continues to redefine the future of work.”