Subex532348Quarterly results
Board approves unaudited results for September quarter and half year; auditor review unmodified
Subex Ltd's board approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 8,559 | 6,891 | +24.2% | 7,945 | +7.7% |
| Total income | 8,817 | 7,043 | +25.2% | 8,414 | +4.8% |
| Profit before tax | 1,702 | 422 | +303% | 1,646 | +3.4% |
| Profit after tax | 1,429 | 286 | +400% | 1,422 | +0.5% |
| Total comprehensive income | 2,601 | 376 | +592% | 1,412 | +84.2% |
| Basic EPS | 0.26 | 0.05 | +420% | 0.26 | 0% |
- Profit after tax - Year ago growth
- 286 (+400%)
- Period
- September 30, 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Group recognised FVTOCI gain of ₹ 663 lakhs from investment in Privasapien Technologies Private Limited and ₹ 575 lakhs from investment in Handy Online Solution Private Limited in other comprehensive income.
What the board approved
- Subex Ltd's board met on November 3, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- It also approved the press release meant for the media and a conference call for Wednesday, November 4, 2026 at 11:00 A.M. (IST).
- The statutory auditors, M S K C & Associates LLP, reviewed both the standalone and consolidated statements. Their conclusion was unmodified: nothing came to their attention that would suggest the statements contain a material misstatement or miss a required disclosure.
Consolidated results (parent plus subsidiaries, figures in Rs lakhs)
- Revenue from operations: 8,559 for the quarter, against 6,891 in the same quarter a year earlier.
- Net profit for the period: 1,429, against 286 a year earlier.
- For the half year, net profit for the period was 2,851.
Standalone results (parent company only, figures in Rs lakhs)
- Revenue from operations: 7,909 for the quarter.
- Net profit for the period: 1,001, against a printed (335) in the same quarter a year earlier — the brackets denote a loss.
Why the two sets of numbers differ
- The consolidated figures include subsidiaries such as Subex America Inc., Subex Inc., Subex (Asia Pacific) Pte Limited, Subex (UK) Limited, Subex Middle East (FZE), Subex Technologies Limited, Subex Assurance LLP, Subex Digital LLP and Subex Bangladesh Private Limited. The standalone figures cover only the parent company.
Points to keep in mind
- These are "unaudited" results: the auditors carried out a review, which is narrower in scope than a full audit, so they give a review conclusion and not an audit opinion.
- Every figure in the statements is in Rs lakhs, where 1 lakh = 1,00,000.
- A fair value gain on an equity investment in Pravisdom Technologies Private Limited is recognised in other comprehensive income rather than in the profit line, so it does not run through the net profit figures quoted above.
- The standalone statements show the company's share of profit or loss from Subex Assurance LLP and Subex Digital LLP separately, which is why the standalone profit lines can move differently from the consolidated ones.
₹2,851 lakhConsolidated net profit, half year ended Sep 30, (Rs lakh
Consolidated net profit, quarter ended Sep 30, (Rs lakh₹1,429 lakh
Profit after tax, quarter1,422 (₹ in Lakhs)
Also from Subex
Subex Q2FY27: revenue up 24.2% YoY to ₹8,559 lakhs, normalised PAT ₹1,430 lakhs
3 Nov 2026
Strategic AI Agents contract secured with a Tier-1 African telecom operator
30 Oct 2026
Subex to announce Q2 FY27 results on November 3, 2026; earnings call on November 4, 2026 at 11:00 A.M. IST
14 Oct 2026
More numbers
- Consolidated net profit, half year ended Sep 30, 2026 (Rs lakh)2,851
- Standalone revenue from operations, quarter ended Sep 30, 2026 (Rs lakh)7,909
- Standalone net profit, quarter ended Sep 30, 2026 (Rs lakh)1,001
- Standalone net profit/(loss), quarter ended Sep 30, 2025 (Rs lakh)(335)
- Total income, latest quarter8,817 (₹ in Lakhs)
- Total income, year-ago quarter7,043 (₹ in Lakhs)
- Total income, previous quarter8,414 (₹ in Lakhs)
- Total comprehensive income, latest quarter2,601 (₹ in Lakhs)
- Total comprehensive income, year-ago quarter376 (₹ in Lakhs)
- Total comprehensive income, previous quarter1,412 (₹ in Lakhs)
- Profit after tax, latest quarter1,429 (₹ in Lakhs)
- Profit after tax, year-ago quarter286 (₹ in Lakhs)
- Profit after tax, previous quarter1,422 (₹ in Lakhs)
- Revenue from operations, latest quarter8,559 (₹ in Lakhs)
- Revenue from operations, year-ago quarter6,891 (₹ in Lakhs)
- Revenue from operations, previous quarter7,945 (₹ in Lakhs)
- Profit before tax, latest quarter1,702 (₹ in Lakhs)
- Profit before tax, year-ago quarter422 (₹ in Lakhs)
- Profit before tax, previous quarter1,646 (₹ in Lakhs)
Source: BSE · 3 Nov 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.