Financial Daily from THE HINDU group of publications
Friday, Apr 29, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Info-Tech - Financial Performance
Corporate Results - Software


Subex net up at Rs 26 cr

Our Bureau

Bangalore , April 28

SUBEX Systems Ltd has reported a 45-per cent rise in net profit at Rs 25.72 crore on revenues of Rs 116 crore that grew by 33 per cent for 2005 fiscal over the previous year.

Revenues from the products business grew by 58 per cent, accounting for 53 per cent of the overall revenues. The board has recommended a final dividend of Rs 2 per share (20 per cent on par value)

The Subex CEO, Mr Subash Menon, said, "The growth in products eclipsed the growth in services, as we had expected, besides significant growth in the profitability of the products segment. The acquisitions have turned profitable in the past six months. We expect complete payback from them by March 2006."

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Wipro bags Akzo Nobel deal


Tribunal quashes bandwidth price cut — `TRAI has violated principles of natural justice'
Tata Indicom to invest Rs 400 cr in Karnataka
Moser Baer profit slumps 66.6 pc
KPIT Cummins consolidated net up
Bharti Tele-Ventures Q4 net rises 44 pc
Subex net up at Rs 26 cr
Karnataka software exports up 52%
Tera Soft wins Kerala project
Esanda picks Finacle
IT capital spend very low in India: Nasscom
Congruent acquisition
Polaris Lab, GE expand ties
Bank accounts hacking: MphasiS to lodge insurance claims


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line