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Broadband

Subex quarterly profit jumps 19% amid revenues up 8.6%

Friday 8 November 2019 | 13:59 CET | News
Telecom software provider Subex said revenues for its fiscal second quarter to end September rose 8.6 percent from the year before to INR 857, with EBITDA jumping 18.4 percent to INR 180 million. Meanwhile, profit after tax improved almost 19 percent to INR 63 million. CEO Vinod Kumar said the results were in line with expectations and that the company will continue to focus on Digital Trust and the expansion of its portfolio, and that the coming quarters should show higher growth.

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Categories: Fixed
Companies: Subex
Countries: India
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