Subex Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 745 million compared to INR 863 million a year ago. Revenue was INR 754.8 million compared to INR 877.7 million a year ago. Net loss was INR 49 million compared to net income of INR 48.2 million a year ago. Basic loss per share from continuing operations was INR 0.09 compared to basic earnings per share from continuing operations of INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 0.09 compared to diluted earnings per share from continuing operations of INR 0.09 a year ago.
For the six months, sales was INR 1,577.6 million compared to INR 1,669 million a year ago. Revenue was INR 1,613.9 million compared to INR 1,745.8 million a year ago. Net income was INR 6.4 million compared to INR 183 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.33 a year ago.