Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers, recently announced its financial results for the second quarter ended September 30, 2016.

Financial highlights for the quarter ended September 30, 2016:

Revenue for the quarter at Rs. 8,336 lacs (US$ 12.4 million)
Up by 5.1% YoY from Rs. 7,928 lacs (US$ 12.3 million) in FY16 Q2
— License & Implementation at 30%, Managed Services at 36% & Support at 34% of the total revenues

EBIDTA ex forex for the quarter at Rs. 1,428 lacs (US$ 2.1 million)
Down by 14.1% YoY from Rs. 1,663 lacs (US$ 2.6 million) in FY16 Q2

Operating Profit ex-forex for the quarter at Rs. 1,331 lacs (US$ 2.0 million)
Down by 15.8 % YoY from Rs. 1,558 lacs (US$ 2.4 million) in FY16 Q2

Profit after Tax (PAT) for the quarter at Rs. 974 lacs (US$ 1.5 million)
Up by 191.7% YoY from loss of Rs. (1,062) lacs (US$ -1.6 million) in FY16 Q2