SUBEX Q2 : CONS NET PROFIT UP 400% AT ₹14.29 CR (YOY), UP 0.5% (QOQ). STRONG (ON 1ST LOOK)

Revenue up 24.2% at ₹85.59 Cr (YOY), up 7.7% (QOQ). Normalized EBITDA at ₹17.77 Cr v ₹16.87 Cr (QOQ); margin 20.8%. Profit before tax ₹17.02 Cr (QOQ ₹16.46 Cr); taxes ₹2.73 Cr.

Subex Limited

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