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Subex Ltd Q1FY24; 19% fall in Revenue

Founded in 1992, it is a software product company which works in the space of Digital Trust i.e. it is focussed on privacy, security, risk mitigation, predictability and confidence in data mainly in the telecommunication space focusing on products to communications Service Providers(CSPs) globally.

Financial Results:

Subex Ltd reported Revenues for Q1FY24 of ₹67.00 Crores down from ₹83.00 Crore year on year, a fall of 19.28%.

Total Expenses for Q1FY24 of ₹87.00 Crores up from ₹86.00 Crores year on year, a rise of 1.16%.

Consolidated Net Profit of -₹19.00 Crores from ₹6.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.34, from ₹0.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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