Subex Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 29, 2018 at 03:13 pm IST
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Subex Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 267.9 million against INR 869 million last year. Loss before exceptional items and tax was INR 44.5 million against profit of INR 176.3 million a year ago. Loss before tax was INR 44.5 million against profit of INR 176.3 million a year ago. Net loss for the period was INR 42 million or INR 0.07 per basic and diluted share against net profit for the period of INR 171.2 million or INR 0.34 per basic and diluted share a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 1,754.1 million against INR 2,386.8 million last year. Loss before exceptional items and tax was INR 1.1 million against profit of INR 291 million a year ago. Profit before tax was INR 37.8 million against INR 281 million a year ago. Net profit for the period was INR 21.4 million or INR 0.04 per basic and diluted share against net profit for the period of INR 267 million or INR 0.53 per basic and diluted share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 864.3 million against INR 957.8 million last year. Profit before exceptional items and tax was INR 101.2 million against INR 257.3 million a year ago. Profit before tax was INR 101.2 million against INR 257.3 million a year ago. Net profit for the period was INR 36.1 million or INR 0.06 per basic and diluted share against INR 225.5 million or INR 0.44 per basic and diluted share a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 2,436.7 million against INR 2,624.8 million last year. Profit before exceptional items and tax was INR 158 million against INR 577.1 million a year ago. Profit before tax was INR 158 million against INR 577.1 million a year ago. Net profit for the period was INR 56.4 million or INR 0.10 per basic and diluted share against net profit for the period of INR 504.7 million or INR 1.00 per basic and diluted share a year ago.
Subex Limited is an India-based provider of telecom analytics solutions. The Company is engaged in providing of operations and business support systems (OSS/BSS) to communication service providers (CSPs) worldwide in the telecom industry. The Company operates across North America, South America, Canada, Europe, Middle East, Singapore, Australia, and Bangladesh. It offers business assurance, fraud and security, network analytics, identity management, OT security, partner ecosystem management. The Company's network security suite offers comprehensive solutions, services, and consulting designed to secure networks and the components, thus ensuring network integrity and availability. Its AI-First Fraud Management on HyperSense is an end-to-end fraud management solution that provides 360-degree protection across various service offerings. The Company's operational technology (OT) and internet of things (IoT) cybersecurity solutions provides converged networks, detect malicious behaviors.
SUBEX LIMITED 
