Subex reports 94% rise in Q2 consolidated net profit
9th Nov 2020

Subex has reported results for the second quarter ended September 30, 2020.

The company has reported net profit at Rs 4.36 crore for the quarter under review as compared to net loss of Rs 2.62 crore for the same quarter in the previous year. Total income of the company reported 3- fold jumps at Rs 10.95 crore for Q2FY21 as compared Rs 3.31crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 94.44% in its net profit at Rs 12.25 crore for the quarter under review as compared to net profit of Rs 6.30 crore for the same quarter in the previous year. Total income of the company increased by 8.29% at Rs 94.29 crore for Q2FY21 as compared Rs 87.07 crore for the corresponding quarter previous year.