Shares of Route Mobile Ltd traded 2.49% lower at ₹984.50 on Friday, following the company’s disappointing Q1 FY26 earnings and announcement of a leadership change.
For the quarter ended June 2025, Route Mobile reported a 10.6% QoQ and 4.8% YoY drop in revenue to ₹1,050.8 crore, impacted by weaker international business and discontinuation of certain low-margin customer contracts. Profit after tax fell 6% sequentially and 32% YoY, reflecting operational challenges.
EBITDA margin also contracted to 8.9%, compared to 10.4% in Q4 FY25, indicating rising costs and weaker operating leverage.
In a significant leadership move, CEO Gautam Badalia resigned effective July 17, 2025, and the board has appointed Rajdipkumar Gupta as the new Managing Director and CEO starting July 18, 2025.
The company reiterated its commitment to cost optimization and AI-driven automation to restore margins and enhance efficiency amid global uncertainties. Earlier, Badalia had emphasized Route’s direct ties with over 450 mobile network operators as a key advantage as clients shift away from intermediaries.
Investors are expected to closely track how the company executes its strategy and stabilizes under new leadership in the coming quarters.
