Subex Q4 net loss widens to ₹53.2 crore

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

• Subex Ltd reported Total revenue for Q4 FY23 of ₹47 Crore, down from ₹79 Crore year on year depicting a decline of 41%.
• Total Expenses for Q4 FY23 of ₹84 Crore up, from ₹78 Crore year on year, a growth of 8%.
• Consolidated Net Profit of -(₹47) Crore, down 4,800% from ₹1 Crore in the same quarter of the previous year.
• The Earnings per Share is -(₹0.84), down 8,500% from ₹0.01 in the same quarter of the previous year.

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