Subex Ltd consolidated loss at Rs. 19.28 crores in Q1FY24

Subex Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 68.64 crores during the period ended June 30, 2023 as compared to Rs. 50.99 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -19.28 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -47.18 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.35 for the period ended June 30, 2023 as compared to Rs. -0.86 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 68.64 crs	₹50.99 crs	34.61%
Net Profit	₹-19.28 crs	₹-47.18 crs	59.14%
EPS	₹-0.35	₹-0.86	59.30%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 68.64 crores during the period ended June 30, 2023 as compared to Rs.85.91 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-19.28 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.54 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.35 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 68.64 crs	₹85.91 crs	-20.10%
Net Profit	₹-19.28 crs	₹5.54 crs	-448.01%
EPS	₹-0.35	₹0.10	-450.00%

Shares of Subex Limited was last trading in BSE at Rs. 32.68 as compared to the previous close of Rs. 33.42. The total number of shares traded during the day was 734664 in over 2349 trades.

The stock hit an intraday high of Rs. 34.23 and intraday low of 32.50. The net turnover during the day was Rs. 24459545.00.

Source : Equity Bulls

Keywords

Subex Q1FY24 ResultUpdate