Subex announces results for fiscal year 2010-11

Subex Limited has recorded product revenue of Rs 4279.61 million for the year ended 31 March 2011. The net profit (before exceptional items) for the same period stood at Rs 838.26 million up by 302.54 per cent.

Year on year growth of EBITDA has been significant. The company EBITDA for financial year 2011 stood at Rs. 1411.17 million, up by 48.98 per cent from financial year 2010, and the product EBITDA stood at Rs. 1400.18 million, up by 48.47 per cent.