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Subex reports consolidated net loss of Rs 11.51 crore in the March 2016 quarter

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Capital Market

Sales decline 20.23% to Rs 89.47 crore

Net loss of Subex reported to Rs 11.51 crore in the quarter ended March 2016 as against net profit of Rs 14.42 crore during the previous quarter ended March 2015. Sales declined 20.23% to Rs 89.47 crore in the quarter ended March 2016 as against Rs 112.16 crore during the previous quarter ended March 2015.

For the full year,net profit rose 475.12% to Rs 58.72 crore in the year ended March 2016 as against Rs 10.21 crore during the previous year ended March 2015. Sales declined 10.14% to Rs 323.35 crore in the year ended March 2016 as against Rs 359.83 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales89.47112.16 -20 323.35359.83 -10 OPM %37.7728.13 -19.8522.25 - PBDT25.1217.22 46 18.9720.01 -5 PBT24.0216.29 47 14.7015.99 -8 NP-11.5114.42 PL 58.7210.21 475

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First Published: May 25 2016 | 8:31 AM IST

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