Route Mobile Q3 net profit doubles to ₹38 cr
PremiumConsolidated revenue from operations increases 46% to ₹385 cr
PremiumRoute Mobile on Thursday reported its consolidated net profit doubled to ₹38 crore in the quarter ending 31 December, 2020. It was ₹19 crore in the year-ago period.
Consolidated revenue from operations rose 46% to ₹385 crore as against ₹264 crore a year ago.
At 2:25 pm on Thursday, the company's scrip on NSE was trading 6% lower at ₹1,192.
A cloud communications platform service provider, Route Mobile's clientele includes enterprises, over-the-top (OTT) players, and mobile network operators.
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Its portfolio includes solutions in messaging, voice, email, SMS filtering, analytics, and monetisation, with client base across segments such as social media companies, banks, and financial institutions, e-commerce entities, and travel aggregators.
