Subex Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 818.2 million compared to INR 736.6 million a year ago. Revenue was INR 832.3 million compared to INR 744.7 million a year ago. Net loss was INR 48.9 million compared to INR 46.8 million a year ago. Basic loss per share from continuing operations was INR 0.09 compared to INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 0.09 compared to INR 0.08 a year ago.
For the nine months, sales was INR 2,259.2 million compared to INR 2,314.2 million a year ago. Revenue was INR 2,299.6 million compared to INR 2,358.6 million a year ago. Net loss was INR 352.2 million compared to INR 40.4 million a year ago. Basic loss per share from continuing operations was INR 0.64 compared to INR 0.07 a year ago. Diluted loss per share from continuing operations was INR 0.64 compared to INR 0.07 a year ago.