Subex has reported results for its first quarter ended June 30, 2011.
The company’s net profit for the quarter declined by 66.60% at Rs 4.92 crore as compared to Rs 14.73 crore for the same quarter last year. Its income from operation decreased by 14.74% to Rs 79.52 crore for the quarter under review from Rs 93.27 crore for the corresponding quarter of the previous year.
Subex is the leading global provider of Operation Support System solutions (OSS) with a mission to empower communication service providers to achieve competitive advantage and deliver new service experiences to subscribers.
