Subex Q4 Results Live : loss rise by 231.8% YOY

Subex Q4 Results Live : Subex, a leading company, announced their Q4 results on 10 May, 2024. The company reported a significant increase in revenue by 77.28% year-over-year, reaching a total revenue of ₹XXXX crore.

However, the company also reported a substantial rise in losses by 231.8% year-over-year, which raised concerns among investors and analysts.

In comparison to the previous quarter, Subex experienced a moderate growth in revenue by 2.42%, but a staggering increase in losses by 3100.61%.

The Selling, general & administrative expenses of Subex showed a decline by 7.09% quarter-over-quarter and a decrease of 2.72% year-over-year, indicating some cost-saving measures taken by the company.

The operating income of Subex witnessed a significant decrease by 4589.27% quarter-over-quarter and a decline of 266.31% year-over-year, reflecting challenges faced by the company in maintaining profitability.

The Earnings Per Share (EPS) for Q4 was reported at ₹-1.09, showing a decrease of 8.48% year-over-year, which might impact investor confidence in the company's performance.

Subex's stock performance in the market has been negative, with a -8.87% return in the last week, -11.34% return in the last 6 months, and a -18.26% year-to-date return, signaling potential concerns among shareholders.

Currently, Subex holds a market capitalization of ₹1537.98 crore and has a 52-week high/low stock price of ₹45.8 and ₹26.8 respectively, showcasing the volatility in the company's stock value.