Subex Q2 FY27 consolidated revenue Rs 85.59 cr, PAT Rs 14.29 cr
For Q2 FY27, Subex’s consolidated revenue from operations was Rs 85.59 cr and net profit was Rs 14.29 cr, both up versus Q2 FY26.
Key takeaways
- Revenue from operations Rs 85.59 cr vs Rs 68.91 cr in Q2 FY26.
- Total income Rs 88.17 cr vs Rs 70.43 cr a year earlier.
- Total expenses Rs 71.15 cr vs Rs 66.21 cr in the corresponding quarter.
- Profit before tax Rs 17.02 cr vs Rs 4.22 cr in Q2 FY26.
- Net profit Rs 14.29 cr vs Rs 2.86 cr; EPS (Basic) Rs 0.26 vs Rs 0.05.
Q2 FY27 · consolidated
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | Rs 85.59 cr | Rs 68.91 cr | +24.2% |
| PAT | Rs 14.29 cr | Rs 2.86 cr | +399.0% |
As reported in the filing. Figures are transcribed, not computed.
What the numbers show
- Net margin was 16.70% of revenue, against 4.15% a year earlier.
Key consolidated numbers (statement of financial results)
- Revenue from operations: Rs 85.59 cr in the quarter ended September 30, 2026 vs Rs 68.91 cr in the quarter ended September 30, 2025.
- Other income: Rs 2.58 cr vs Rs 1.52 cr.
- Total income: Rs 88.17 cr vs Rs 70.43 cr.
- Employee benefits expense: Rs 46.52 cr vs Rs 42.48 cr.
- Finance costs: Rs 0.59 cr vs Rs 0.82 cr.
- Depreciation and amortization expense: Rs 2.73 cr vs Rs 2.76 cr.
- Impairment allowance for trade receivables: Rs 0.01 cr vs Rs 1.02 cr.
- Other expenses: Rs 21.30 cr vs Rs 19.13 cr.
- Total expenses: Rs 71.15 cr vs Rs 66.21 cr.
- Profit before exceptional items and tax expense: Rs 17.02 cr vs Rs 4.22 cr.
- Exceptional items: Rs - vs Rs -.
- Profit before tax expense: Rs 17.02 cr vs Rs 4.22 cr.
- Total tax expense: Rs 2.73 cr vs Rs 1.36 cr.
- Net Profit for the period/year: Rs 14.29 cr vs Rs 2.86 cr.
- Earnings per share (Basic): Rs 0.26 vs Rs 0.05.
- Earnings per share (Diluted): Rs 0.26 vs Rs 0.05.
All figures above are taken from the consolidated statement of unaudited financial results for the quarter ended September 30, 2026, with comparison to the corresponding quarter ended September 30, 2025, as presented in the statement of financial results.
On the income side, revenue from operations in Q2 FY27 (quarter ended September 30, 2026) increased to Rs 85.59 cr from Rs 68.91 cr in Q2 FY26 (quarter ended September 30, 2025). Other income also moved up to Rs 2.58 cr from Rs 1.52 cr, taking total income to Rs 88.17 cr compared with Rs 70.43 cr in the year-ago quarter.
On the cost side, employee benefits expense rose to Rs 46.52 cr from Rs 42.48 cr, while finance costs were Rs 0.59 cr versus Rs 0.82 cr a year earlier. Depreciation and amortization expense was Rs 2.73 cr, broadly similar to Rs 2.76 cr in the corresponding prior period. Impairment allowance for trade receivables was Rs 0.01 cr compared with Rs 1.02 cr, and other expenses increased to Rs 21.30 cr from Rs 19.13 cr. Total expenses for the quarter were Rs 71.15 cr against Rs 66.21 cr in Q2 FY26.
With higher total income and the expense profile above, profit before exceptional items and tax expense for Q2 FY27 stood at Rs 17.02 cr, compared with Rs 4.22 cr in the same quarter last year. There were no exceptional items reported in either quarter in this consolidated statement, so profit before tax expense was also Rs 17.02 cr versus Rs 4.22 cr.
Total tax expense (including current tax charge, provision for foreign income taxes and deferred tax) was Rs 2.73 cr in Q2 FY27 compared with Rs 1.36 cr in Q2 FY26. After tax, net profit for the period was Rs 14.29 cr, up from Rs 2.86 cr in the corresponding prior quarter. Basic and diluted earnings per share for the quarter were both reported at Rs 0.26, compared with Rs 0.05 a year earlier, based on a paid-up equity share capital of Rs 281.00 cr (face value of Rs 5 per share) in both periods.
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