Route Mobile shares surge 13%: Here is why the stock is rallying

Shares of Route Mobile soared 12.76% to an intra-day high of ₹1,158 apiece on the National Stock Exchange (NSE) on Thursday, June 12. This came on the heels of a surge in trading volume.

The stock of the cloud communication firm saw heavy trading, with as many as 62.81 lakh shares changing hands at a total value of ₹703.46 crore, on the NSE, at around 1:17 pm.

On the BSE, as many as 2.58 lakh shares were traded, compared to an average of 0.16 lakh shares traded over the previous two weeks.

At around the same time, the scrip was trading 6.39 % higher at ₹1,092.6 apiece, outperforming the NIFTY50 index, which was down 0.39%.

Route Mobile March quarter results

The company reported a 37% year-on-year (YoY) contraction in its consolidated net profit to ₹60.28 crore in the fourth quarter of FY25, compared to ₹95.16 crore in the corresponding period last year.

Its revenue from operations increased by 16% YoY to ₹1,175 crore in the quarter under review, as against ₹1,017.03 crore in the March FY24 quarter.

Commenting on the earnings, Gautam Badalia, the Chief Executive Officer of Route Mobile, had said: “I’m pleased to report strong revenue growth over the past year, driven by broad-based demand and continued client diversification. As we look ahead to FY26, we remain optimistic about further business expansion. While gross profit margins faced temporary pressure, our top-line performance validates the strength of our expansion strategy. We remain focused on expanding our market share and driving sustainable, long-term profitability through optimization initiatives”.

Route Mobile stock performance

The share has gained 11.21% so far this week and 18.96% since the beginning of June. It has surged 21.16% so far in the first quarter of FY26 but has lost 18.99% on a year-to-date basis.

The stock hit a 52-week low of ₹861.90 on April 7, 2025, and a high of ₹1,942.45 on July 15, 2024.

Route Mobile has a total market capitalisation of ₹7,100.46 crore, as of June 12, 2025, on the NSE.