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General

Subex quarterly results down as pandemic delays projects

Tuesday 10 August 2021 | 12:53 CET | News
Subx reported a fall in revenues for the fiscal first quarter to June, to INR 806 million from INR 887 million a year earlier. The company said the pandemic was still weighing on results and creating uncertainty among businesses, with Covid infections among staff delaying some projects. EBITDA for the quarter dropped to INR 162 million from INR 296 million a year ago, and the net profit declined to INR 135 million from INR 152 million over the same period.

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Categories: General
Companies: Subex
Countries: World
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