Subex Ltd.

BSE: 532348 | NSE: SUBEXLTD
Small Cap | IT - Software
10.90
0.57 (5.52%)
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Subex’s Q4 consolidated net tumbled 37%

Date: 24-05-2012

Subex has reported a fall of 36.76% in its consolidated net profit to Rs 15.19 crore for the fourth quarter ended March 31, 2012 as compared to Rs 24.02 crore in the same period of previous fiscal.

The consolidated income from operation of the company has decreased to Rs 107.98 crore for the fourth quarter ended March 31, 2012, against Rs 117.31 crore in the same period of previous fiscal, down by 7.95%.

For the year ended March 31, 2012, the company posted a contraction of 59.58% in its consolidated net profit of Rs 31.84 crore against Rs 78.77 crore in 2010-11. The consolidated income from operation of the company declined marginally by 1.02% to Rs 477.83 crore for the year ended March 31, 2012, compared to Rs 482.75 crore in 2010-11.