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Subex's net profit grows 302.54 percent, touches 
838.26 Million
By siliconindia
|
Thursday, 28 April 2011, 02:42 IST
Bangalore: Subex, a global provider of Operations and Business Support Systems for communications service providers, has recorded net profit of 
838.26 million for the year ended 31 March 2011. The net profit is up from 208.24 million (302.54 percent) in FY10.
The product revenue for the same period stood at 4279.61 million up from 3946.46 million (302.54 percent). The company EBITDA for FY11 stood at 1411.17 million, up by 48.98 percent from FY10, and the product EBITDA stood at 1400.18 million, up by 48.47 percent.
"We are significantly profitable once again owing to the increased traction of our Revenue Operations Centre and multi-million dollar customer wins for our Managed Services offering globally", said Subash Menon, Founder Chairman, Managing Director and CEO of Subex.
838.26 million for the year ended 31 March 2011. The net profit is up from 208.24 million (302.54 percent) in FY10.
The product revenue for the same period stood at 4279.61 million up from 3946.46 million (302.54 percent). The company EBITDA for FY11 stood at 1411.17 million, up by 48.98 percent from FY10, and the product EBITDA stood at 1400.18 million, up by 48.47 percent.
"We are significantly profitable once again owing to the increased traction of our Revenue Operations Centre and multi-million dollar customer wins for our Managed Services offering globally", said Subash Menon, Founder Chairman, Managing Director and CEO of Subex.