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Route Mobile reports 29% rise in Q1 consolidated net profit

28 Jul 2023 Evaluate

Route Mobile has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 13.16% fall in its net profit at Rs 22.76 crore for the quarter under review as compared to Rs 26.21 crore for the same quarter in the previous year. However, total income of the company increased by 4.22% at Rs 167.58 crore for Q1FY24 as compared Rs 160.79 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 29.01% rise in net profit at Rs 91.69 crore for the quarter ended June 30, 2023 as compared to Rs 71.07 crore for the same quarter in the previous year. Total income of the company increased by 32.06% at Rs 982.26 crore for Q1FY24 as compared Rs 743.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2135.80
Infosys 1051.05
HCL Technologies 1245.00
Wipro 165.05
Tech Mahindra 1535.20
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