Subex's Q1 FY 2025-26 Quarterly Results

Result Summary

• Subex Ltd reported a 4.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.3%.
• Its expenses for the quarter were down by 21.1% QoQ and 14.4% YoY.
• The net profit decreased 108.2% QoQ and decreased 214.3% YoY.
• The earnings per share (EPS) of Subex Ltd stood at 0.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Subex Ltd is a global telecommunications company specializing in providing digital trust solutions. These solutions primarily cater to telecommunications operators and service providers. The company is well-known for its offerings in fraud management, revenue assurance, network analytics, and cybersecurity. Subex operates within the technology and telecommunications industry, a sector characterized by rapid changes and significant technological advancements. As of the last available data, Subex has been focusing on expanding its portfolio to include cutting-edge technologies such as Artificial Intelligence (AI) and Machine Learning (ML) to enhance its product capabilities. While specific recent developments are not detailed in the data, the company is generally known for its strategic initiatives aimed at enhancing digital security and operational efficiency for its clients.

Revenue

For Q1FY26, Subex Ltd reported a total income of ₹82.21 crores, which represents a decline of 4.9% compared to the previous quarter (Q4FY25) where the total income was ₹86.49 crores. However, this figure marks a significant year-over-year increase of 17.3% from Q1FY25, where the total income stood at ₹70.08 crores. The data indicates a fluctuation in revenue, suggesting variability in income streams or market conditions affecting revenue generation between quarters, while also reflecting growth over the year.

Profitability

In Q1FY26, Subex Ltd recorded a Profit Before Tax (PBT) of ₹14.71 crores, showing a substantial turnaround from a negative PBT of ₹-146.60 crores in Q4FY25. This also marks a significant improvement from a negative PBT of ₹-8.37 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹12.81 crores, compared to a loss of ₹-156.51 crores in Q4FY25 and a loss of ₹-11.21 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 was ₹0.20, reflecting a positive change from a negative EPS of ₹-2.80 in Q4FY25 and ₹-0.20 in Q1FY25. There is a notable improvement in profitability metrics both quarter-over-quarter and year-over-year, indicating a significant shift in the company's financial performance.

Operating Metrics

Total expenses for Subex Ltd in Q1FY26 were ₹67.15 crores, representing a decrease of 21.1% from the previous quarter (Q4FY25) where expenses were ₹85.14 crores. Compared to Q1FY25, where total expenses were ₹78.45 crores, this is a decrease of 14.4%. The tax expense for Q1FY26 was ₹1.90 crores, down from ₹9.91 crores in Q4FY25, and also lower than ₹2.84 crores in Q1FY25. These figures highlight a reduction in both operational costs and tax liabilities over the given periods, contributing to improved net profitability.