Communications service provider Subex Ltd on Thursday reported a net loss of Rs 61 crore for the second quarter ended September 30.
This is compared with a net loss of Rs 13 crore in the corresponding period last year.
The company’s revenue for the quarter was also down by 39 per cent at Rs 78 crore (Rs 128 crore).
Subex’s shares closed at Rs 14.88 on the Bombay Stock Exchange on Thursday, down 2.43 per cent from the previous close.
ronendrasingh.s@thehindu.co.in