Route Mobile Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 11,134.1 million compared to INR 10,146.1 million a year ago. Revenue was INR 11,459.6 million compared to INR 10,182.9 million a year ago. Net income was INR 1,070.3 million compared to INR 883.5 million a year ago. Basic earnings per share from continuing operations was INR 16.12 compared to INR 14.21 a year ago. Diluted earnings per share from continuing operations was INR 16.12 compared to INR 13.54 a year ago.
For the six months, sales was INR 22,168.3 million compared to INR 19,819.5 million a year ago. Revenue was INR 22,480.1 million compared to INR 19,964.5 million a year ago. Net income was INR 1,881.9 million compared to INR 1,800.4 million a year ago. Basic earnings per share from continuing operations was INR 28.63 compared to INR 29.01 a year ago. Diluted earnings per share from continuing operations was INR 28.63 compared to INR 28.34 a year ago.
Route Mobile Limited is an India-based cloud communications platform service provider offering communication platform as a service (CPaaS). The Company caters to enterprises, over-the-top (OTT) players, and mobile network operators (MNO) and its portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization. The Company provides a solution communication product stack, based on a CPaaS principals, infusing conversational artificial intelligence (AI) across a broad range of industries, including social media companies, banks and financial institutions, e-commerce entities, and travel aggregators. Its products include A2P Messaging, 2-Way Messaging, FTEU Short Code, Route OTP, Route Connector, Mail2SMS, Number Lookup, RCS Business Messaging, WhatsApp Business Platform, Viber Business Messages, Google Business Messages, Acculync, Facebook Messenger for Business, Telegram for Business, Messenger API for Instagram, and others.
