Route Mobile (ROUTE) Q2 25/26 earnings summary

Executive summary

• Strategic focus on profitable growth and disciplined execution led to margin expansion and recovery across business lines, with a global footprint of 2,500+ clients in 20+ locations.

• Achieved revenue of 45,290 mn for the last twelve months ended 30 Sept 2025, processing 84.4 bn billable transactions in H1 FY25-26.

• Board recommended and declared an interim dividend of 3 per share for FY 2025-26.

• Approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

Financial highlights

• Q2 FY25-26 revenue from operations was INR 11,194 million, up 0.5% year-over-year and 6.5% sequentially.

• Gross profit reached INR 2,471 million, a 5.2% increase year-over-year and 9.8% sequentially, with margin expanding to 22.1%.

• Adjusted EBITDA for Q2 was INR 1,333 million, up 0.7% year-over-year and 15.5% sequentially, with an adjusted EBITDA margin of 11.9%.

• Adjusted PAT for Q2 was 1,003 mn, up 70.7% sequentially but down 0.4% year-over-year.

• Consolidated Q2 FY26 revenue was ₹1,119.42 crore, but net loss of ₹18.83 crore was recorded due to exceptional vendor-related write-offs.

Outlook and guidance

• H2 is expected to be stronger due to seasonality and a robust pipeline, with continued focus on new product sales and large customer wins.

• No formal revenue growth guidance provided, but management expresses confidence in maintaining momentum.

• Interim dividend of ₹3 per share recommended, reflecting confidence in ongoing cash generation.