Route Mobile Limited (RML), a leading cloud communication platform service provider to enterprises, over-the-top (OTT) players and mobile network operators, on Tuesday, reported Profit After Tax (PAT) at Rs35.5cr in financial results for the fourth quarter and year ended March 31, 2021, as against Rs14.8cr in the fourth quarter of previous fiscal. This was a rise of whopping 140% yoy.
Revenue from Operations stood at Rs362.4cr as against Rs265.8cr in Q4FY20, a jump of 36% yoy. EBITDA doubled to Rs51.5cr as compared to Rs25.1cr in Q4FY20. Profit Before Tax stands at Rs42.5cr as against Rs17.5cr in Q4FY20. EPS stands at Rs6.17.
Revenues from operations for the year ended March 31, 2021 stood at Rs1406.2cr as compared to Rs956.3cr in FY20. The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands at Rs175.6cr in FY21, as against Rs100.0cr in FY20. EBITDA margin stood at 12.5%.
Profit Before Tax stood at Rs161.5cr for FY21 as compared to Rs69.4cr in FY20. Profit After Tax reported stood Rs132.8cr for FY21 as against Rs58.2cr in FY20.The Company's PAT margin stood at 9.3%. Earnings per share for FY21 stood at Rs24.76.
“As a leading Global CPaaS company, our business model and practices backed by the increased digital adoption by enterprises have fueled our superlative growth in FY21. We continue to witness very strong momentum moving in to FY22. To help fuel our growth into the western hemisphere, we've added Mr. John Owen to the RML team as CEO in Route Mobile (UK) Limited for Europe and the Americas. Under his leadership we will increase our team strength in the regions to ensure we have the presence and skills set to serve the big enterprise clients,” Rajdip Gupta, Managing Director& Group Chief Executive Officer, Route Mobile Limited, said.
He further added, "With respect to inorganic growth, we acquired TeleDNA's operator stack in FY21 to bolster our operator offerings in 365squared Ltd. Further we have recently signed definitive agreements to acquire Phonon Communications Private Limited ("Phonon"). This acquisition will help transition our journey from CPaaS to CxPaaS. Providing a one stop solution to our customers for any and all communication channels is a core component of our success and we further enhance our offerings with the Phonon suite.”
At around 10.57 AM, Route Mobile Ltd was trading at Rs1533.50 per piece down Rs20.70 or 1.33% from its previous closing of Rs1,554.20 per piece on the BSE.