Subex Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased by 4.01% in the latest quarter, showing resilience despite market challenges.
Net profit turned positive at ₹0.62 crore in Q2 of FY2024, a significant improvement from earlier losses.
Operating profit margin stabilized around 1.92%, reflecting better cost management compared to previous quarters.

NEGATIVES

Net profit fell to ₹-156.51 crore in Q1 FY2024, a sharp decline from previous quarters, indicating major challenges.
Expenses remain high, peaking at ₹86.24 crore in Q2 FY2024, impacting profitability.
Other income fluctuated significantly, leading to inconsistent earnings and investor uncertainty.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	67.29	76.81	81.82	83.80	68.16	74.16	72.69	70.60	66.40
Expenses	82.03	81.38	81.25	80.72	74.20	72.27	70.19	83.60	62.47
Operating Profit	-14.74	-4.57	0.57	3.08	-6.04	1.89	2.50	-13	3.93
Other Income	1.35	1.28	1.41	2.69	1.92	1.20	1.07	2.76	15.81
Interest	0.70	0.66	0.63	0.64	0.59	0.59	0.54	0.50	0.99
Depreciation	3.87	4.20	3.74	3.78	3.66	3.73	3.35	3.38	4.04
Profit Before Tax	-17.96	-8.15	-2.39	-146.60	-8.37	2.99	-0.32	-14.12	14.71
Tax	1.32	2.90	2.50	9.91	2.84	2.37	2.93	3.48	1.90
Net Profit	-19.28	-11.05	-4.89	-156.51	-11.21	0.62	-3.25	-17.60	12.81
Eps in Rs	-0.35	-0.20	-0.09	-2.83	-0.20	0.01	-0.06	-0.32	0.23