Categories Earnings, Research Summary, Technology

Subex Limited Q3FY23 Earnings Story

It is a software product firm that was established in 1992. It specialises in solutions for communications service providers throughout the world and works in the area of digital trust, which focuses on privacy, security, risk reduction, predictability, and confidence in data.

Financial Results:

Subex Ltd.’s revenue in Q3FY23 fell 16% to ₹ 7,366 lakhs. Consolidated Loss After Tax came at ₹ 468 lakhs. In this quarter’s results, the reports suggested that the fall in profits are due to the high level of expenses along with high levels of provisions and taxes.

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