Route Mobile Q1 Results Live : Route Mobile announced their Q1 results on 19 Jul, 2024, with a 14.07% increase in revenue and a 15.06% decrease in profit year-over-year.
In comparison to the previous quarter, the company saw an 8.49% growth in revenue but a 10.87% decline in profit.
Selling, general & administrative expenses rose significantly by 26.91% quarter-over-quarter and 21.21% year-over-year.
The operating income also took a hit, down by 3.74% sequentially and 0.56% annually.
The Earnings Per Share (EPS) for Q1 stands at ₹12.51, reflecting a 15.47% decrease year-over-year.
Route Mobile’s stock performance has been moderate with a 3.13% return in the last week, 14.66% return in the last 6 months, and a 14.34% year-to-date return.
The company currently holds a market cap of ₹11476.8 Cr with a 52-week high/low of ₹1942.45 & ₹1386.05 respectively.
Analysts’ ratings for Route Mobile as of 21 Jul, 2024, indicate 1 Hold rating, 2 Buy ratings, and 2 Strong Buy ratings out of 5 analysts covering the company, leading to a consensus recommendation to Buy.