Subex reports Q2FY25 Results

8th November 2024, BENGALURU, INDIASubex, a telecom AI company, today announced its consolidated financial results for the quarter ended Sep 30, 2024.

Performance Highlights for the quarter ended September 30, 2024, compared to the previous quarter ended June 30, 2024:

  • Revenue for the quarter at INR 742 million as against INR 682 million for the quarter ended June 30, 2024.
  • EBITDA for the quarter at INR 19 million as against INR (60) million for the quarter ended June 30, 2024.
  • Profit after Tax (PAT) for the quarter at INR 6 million, including exceptional item of INR 42 million, as against INR (112) million for the quarter ended June 30, 2024.

Performance Highlights for the six months ended September 30, 2024, compared to the six months ended September 30, 2023:

  • Revenue for the period ended September 30, 2024, is at INR 1423 million as against INR 1441 million for the period ended September 30,
  • EBITDA for the period ended September 30, 2024, is at INR (42) million as against INR (193) million for the quarter ended September 30, 2023.
  • Profit after Tax (PAT) for the period ended September 30, 2024, is at INR (106) million, including exceptional item of INR 42 million, as against INR (303) million for the period ended September 30, 2023.

 

About Subex

Subex is a telecom AI company enabling connected experiences for CSPs across the globe.

Founded in 1994, Subex helps its customers maximize their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimization and analytics, Subex is now leading the way by enabling the creation of connected experiences in the telecom industry. Through their HyperSense line of offerings, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) across the data value chain. Subex leverages its award-winning product portfolio in areas such as Business Assurance and Fraud Management and enhances them with the power of HyperSense to help CSPs reduce risk, combat fraud, and thereby ensure profitability.

Subex has more than 300 installations across 90+ countries. In case of any queries, please reach out to:

Investor Relations
Mr. G V Krishnakanth

Company Secretary

+91 99005 90024

krishnakanth.gv@subex.com

                                                                   -END-

Get started with Subex
Request Demo Contact Us
Request a demo