Route Mobile Reports Stable Q3 FY24-25 Sales Amid Profit Decline Challenges

Jan 28 2025 03:34 PM IST
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Route Mobile has announced its financial results for the quarter ending December 2024, showcasing net sales of Rs 1,183.79 crore, the highest in five quarters. However, profit after tax (PAT) decreased to Rs 82.48 crore, indicating challenges in profitability despite strong sales performance. The company's market evaluation score has also been adjusted.
Route Mobile has recently reported its financial results for the quarter ending December 2024, revealing a stable performance in the third quarter of FY24-25. The company achieved net sales of Rs 1,183.79 crore, marking the highest figure in the last five quarters, indicating a positive trend in near-term sales.

However, the profit after tax (PAT) for the same period was recorded at Rs 82.48 crore, reflecting a decline of 6.9% compared to the average PAT of Rs 88.55 crore from the previous four quarters. This suggests challenges in maintaining profitability despite the strong sales figures.

In light of these results, Route Mobile has undergone an adjustment in its evaluation, with its score shifting to 0 from -2 over the past three months. This revision highlights the company's current standing in the market, taking into account the mixed performance indicators observed in the latest financial results.

For more insights on Route Mobile's financial trends and evaluations, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
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