ROUTE MOBILE LIMITED — Updates, 28-01-2025: Press Release

Route Mobile Limited showcased solid financial performance for Q3, with revenue from operations reaching ₹1,183.79 crore, up from ₹1,113.41 crore in Q2. However, PAT fell to ₹85.47 crore from ₹107.03 crore in the previous quarter, impacted by a ₹25 crore forex gain and exceptional items in Q2. Despite these fluctuations, the company marked its highest quarterly revenue to date, displaying resilience in a challenging market. The strategic focus on vertical solutions, including metro ticketing innovations, positions the company well for continued growth in the CPaaS sector.

In leadership news, Route Mobile appointed Mr. Rajeshwar Singh Gill as Group Chief Financial Officer, effective immediately. His extensive experience in the telecommunications industry, particularly in financial strategy and transformation, is expected to strengthen Route Mobile's foundation as it navigates its next growth phase alongside Proximus Global.