Route Mobile shares slide 5% after weak Q1 results; CEO steps down amid business headwinds
By
Binu Mathew
Shares of cloud communication services provider Route Mobile fell nearly 5 percent on Friday, July 18, after the company reported a significant drop in its June 2025 quarter results. The stock declined to an intraday low of ₹998 following a disappointing 32.23 percent year-on-year fall in net profit to ₹53.21 crore, compared to ₹78.52 crore in the year-ago quarter.
