Route Mobile Limited has announced its financial results for the fourth quarter (Q4) and full year ended on March 31, 2022. As per the release, the revenue from operations for the full year ended March 31, 2022 stood at Rs 20.02 billion as against Rs 14.06 billion in FY’20-21. Meanwhile, profit before tax (PBT) was recorded at Rs 1.95 billion for FY21-22 as against Rs 1.62 billion in FY’20-21. The company’s PBT margin stood at 9.75 per cent.
Besides, profit after tax (PAT) stood at Rs 1.70 billion for FY’2021-22 as against Rs 1.33 billion in FY’20-21. Also, PAT margin stood at 8.50 per cent.
Commenting on the results, Rajdipkumar Gupta, managing director and group chief executive officer, Route Mobile Limited, said, “I am extremely proud to announce our team has delivered best ever quarterly revenue result back-to-back. We have outperformed our revenue growth guidance of 30 per cent revenue growth in FY’2022 by a margin and have demonstrated an industry leading growth rate of 42 per cent in FY’21-22. The magnitude of our communications platform-as-a-service (CPaaS) expertise is reflected in our revenues for FY’2021-22, as we advance towards our ambitions of continuing with a strong growth momentum of delivering at least 40 per cent year-on-year (Y-o-Y) growth in FY’2022-23. Brands, enterprises and operators continue to partner with Route Mobile to transform digitally, deploy scalable communications platform and deliver superlative customer experience.”
