India's Route Mobile falls on quarterly profit, revenue drop

Route Mobile

18/07/2025 07:01

** Route Mobile ROUT.NS falls nearly 4% to 964.7 rupees, set for biggest pct drop in a month

** Co's Q1 profit down 28% y/y, while revenue falls 5%

** The weak earnings was due to continued softness in messaging channels such as SMS services, loss of low-margin business and customer shifts to alternate channels, as per company

** Average rating from four analysts is "hold", median PT is 1,075 rupees, as per data compiled by LSEG

** YTD, ROUT down 31%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))