Subex reports 11% fall in Q1 consolidated net profit
Date: 09-08-2021Subex has reported results for first quarter ended June 30, 2021.
The company has reported 70.11% fall in its net profit at Rs 2.69 crore for the quarter under review as compared to Rs 9.00 crore for the same quarter in the previous year. However, total income of the company increased by 27.63% at Rs 17.00 crore for Q1FY22 as compared Rs 13.32 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 11.08% in its net profit at Rs 13.48 crore for the quarter under review as compared to Rs 15.16 crore for the same quarter in the previous year. Total income of the company marginally decreased by 2.62% at Rs 87.31 crore for Q1FY22 as compared Rs 89.66 crore for the corresponding quarter previous year.