Subex Ltd Announces FY10 Q3 Results (19-Jan-2010)
Subex Ltd, a leading globs I provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, announced today that it has recorded revenue of Rs. 1,210.4 mn (US $ 25.1 mn) for the third quarter of FY10. The PAT for the same period stood at Rs. 418.7 mn (US $ 8.7 mn) as compared to a loss in the corresponding quarter of FY09.
Product revenue for FY10Q3 was at Rs. 1,019.7 mn (US $21.1 mn), contributing to 84.24 % of the overall revenue for the period.
Commenting on the business, Subash Menon, Founder Chairman, Managing Director and CEO, said, "As we had indicated earlier, the company is on the return path to success and this is evident in the figures for this quarter. Product EBITDA is particularly strong at 28 percent. We will see brighter days ahead."
Top News Today
 Maruti Suzuki, the country's largest auto-maker is likely to set up its stockyard facility in Nagpur, to reduce the transit time and increase delivery of vehicles. The company is producing 8,000 units
 Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, launched new name tunes service called 'Your Name Your Tune'. With the help of this service,
 Bajaj Auto, country's second largest two wheeler maker has unveiled its all new motorcycle -- Pulsar 200NS -- in Mumbai. Price of 2012 Pulsar will be revealed during its launch in April 2012 and it is
|
International Stock News
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
 The US markets made a mixed closing on Tuesday, with the indices mostly slipping after US economic data failed to live up to expectation. The reports showed that American consumer confidence trailed estimates
 The US markets closed lower on Monday, as leaders in Europe gather to discuss the debt crisis for the seventeenth time in two years and tensions remained high with Portugal’s soaring borrowing costs. On
|
|
Recent Company-Reports News
|
|