Mumbai, July 18 -- Revenue growth was affected by a decline in international business and the ending of some low-margin customer contracts.
Profit before tax (PBT) stood at Rs 76.57 crore in Q1 FY26, down 25.57% year-on-year and down 3.01% quarter-on-quarter.
Total expenses fell 2.56% to Rs 985.23 crore in Q1 FY26 as against Rs 1,011.10 crore posted in the corresponding quarter of the previous year. Employee benefits expenses stood at Rs 68.59 crore (up 4.67% YoY), and finance costs stood at Rs 5.82 crore (down 36.25% YoY) during the quarter under review.
Rajdipkumar Gupta, chief executive officer and managing director of Route Mobile, said, "We are navigating a dynamic market environment, marked by continued softness in the A2P SMS se...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.