August 09, 2021

To The BSE Limited The National Stock Exchange o f India Limited

Dear Sir/Madam,

Sub: Subex Limited "The Company"-Outcome of the Board Meeting held on August 09,2021

Please be informed that the agenda items summarized hereunder were discussed and approved at the Board Meeting held today at Bengaluru:

1. Approval o f the Unaudited Standalone and Consolidated Financial Results o f the Company for the quarter ended June 30, 2021.
1. Appointment o f Mr. George Zacharias, Independent Director, as a member o f the Risk Management Committee o f the Board o f Directors with immediate effect.

Pursuant to Regulation 33 (3) and Regulation 47 o f the SEBI (LODR) Regulations, 2 0 15, the Company has opted to publish the Consolidated Financial Results. The Standalone Financial Results, however, are being made available to the Stock Exchanges' and are also being posted on the Company's website.

Please find enclosed:

a) The Unaudited Standalone and Consolidated Financial Results o f the Company for the quarter ended June 30, 2021.
b) A copy o f the Press Release intended to be published to the media by the Company.
c) Conference Call Invite: In terms o f Regulation 30 o f the SEBI (LODR) Regulations, 2015, the Management will host a conference call on Tuesday, August 10, 2021 at 3.00 PM (1ST) and the details o f the Conference call are enclosed herewith.

The meeting concluded at X* ( S p.m. We request you to take the aforesaid notification on record.

Managing Director & CEO DIN:06563872

Subex Lim ited

C1N - L85110KA1994PLC016663

Registered Address : Pritech Park - SEZ, Block-09, 4th Floor, B Wing Survey No. 51 to 64/4, O uter Ring Road, Bellandur Village, V arthur Hobli, Bengaluru - 560 103. India

S.R. Batliboi & Associates LLP "UB City" Canberra Block

Chartered Accountants

No. 24, Vittal Mallya Road Bengaluru • 560 001. India 12th Floor Tel *-91 80 6648 9000

Independent Auditor's Review Report on the Ouarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors Subex Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of Subex Limited (the "Company") for the quarter ended June 30, 2021 (the "Statement" ) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
1. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become awaie of dli significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W /E300004

Place : Bengaluru Date : August 09, 2021

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	SUBEX LIMITED
	Registered office: Pritech Park - SEZ, Block-09, 4th Floor, B Wing, Survey No. 51-64/4, Outer ring road, Bellandur Village, Varthur Hobli,
	Bangalore -560 103
	Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2021				( ₹ in Lakhs)
			Quarter ended		Year ended
		June 30, 2021	March 31, 2021	June 30, 2020	March 31, 2021
	Particulars	Unaudited	Audited	Unaudited	Audited
			(Refer note 14)
	Income
1	Revenue from operations [Refer note 13 (b)]	1,569	1,691	575	2,916
2	Share of profit from Limited Liability Partnerships (Refer note 3)	129	880	754	2,585
3	Other income	$\overline{\mathbf{c}}$	2	3	9
4	Total income $(1+2+3)$	1,700	2,573	1,332	5,510
	Expenses
	Employee benefits expense [Refer note 13 (a)]	1,096	887	155	1,361
	Finance costs	2		6	14
	Depreciation and amortization expense	41	42	49	193
	Other expenses [Refer note 13 (b)]	292	457	222	1,060
5	Total expenses	1,431	1,387	432	2,628
6	Profit before exceptional items and tax (4-5)	269	1,186	900	2,882
	Exceptional items
	Gain on termination of lease agreement (Refer note 5)				36
	Provision for service tax receivable (Refer note 6)				(267)
7	Total exceptional items				(231)
8	Net profit before tax (6+7)	269	1,186	900	2,651
9	Tax expense, net
	Current tax charge	23	29		35
	Deferred tax (MAT credit entitlement)	(23)
	Reversal - foreign withholding taxes (Refer note 7)				(6)
	Total tax expense		29		29
	10 Net profit for the period/year (8-9)	269	1,157	900	2,622
11	Other comprehensive income/ (loss), net of tax
	Items that will not be reclassified subsequently to profit or loss
	Re-measurement gain/(loss) on defined benefits plan		5	(1)
	12 Total comprehensive income/ (loss) for the period/ year (10+11)	269	1,162	899	2,622
	13 Paid up equity share capital (Refer note 8)	28,100	28,100	56,200	28,100
	[face value of ₹ 5 each w.e.f September 29, 2020 and ₹ 10 upto September 28, 2020]
	14 Other equity				22,066
	15 Earning per share (of ₹ 5/- each w.e.f September 29, 2020 and ₹ 10 upto September 28, 2020)(not annualised in case of the interim periods) (Refer note 8):
	Basic	0.05	0.21	0.17	0.49
	Diluted	0.05	0.21	0.17	0.48

$M_{\odot}$

ANGELLIMI $(2)$ * $(3)$

Notes:

1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 9, 2021.

2 The financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") prescribed under section 133 of the Companies Act, 2013, read with relevant rules thereunder and in terms of Regulation 33 of the SF.BI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

3 Share of profit/ (loss) from Limited Liability Partnerships are as follows:

				( ? in Lakhs)
		Quarter ended	Year ended
	June 30, 2021	March 31, 2021	June 30, 2020	March 31,2021
Particulars	Unaudited	Audited(Refer note 14)	Unaudited	Audited
Share of profit from Subex Assurance LLP	799	1,194	1,296	4,628
Share of loss from Subex Digital LLP	(670)	(314)	(542)	(2,043)
Total	129	880	754	2,585

The Company has presented share of profit and share of loss from Limited Liability Partnerships ('LLP') on net basis as the management considers the net income/expense to be its return on investment in LLP

4 As at March 31, 2021, the Company assessed and concluded the carrying value of it's investments in its subsidiaries to be appropriate. There is no change in the management's assessment as regards the aforementioned carrying value of it's investments in its subsidiaries as at June 30, 2021.

5 Represents gain arising on termination of the lease agreement of existing office premises in India, accounted in accordance with Ind AS 116 — Leases

6 During the previous year ended March 31,2021, service tax receivable of ? 267 lakhs had been provided considering the uncertainty with regards to its realisation.

7 Represents reversal of provision in respect of foreign withholding taxes deducted/ deductible by the overseas customers of the Company, no longer required.

8 The Board of Directors in its meeting held on February 07, 2020, approved a scheme of Capital Reduction in accordance with Section 52 of the Companies Act, 2013 and Section 66 of the Companies Act, 2013 read with National Company Law Tribunal ('NCLT') (Procedure for reduction of share capital of Company) Rules, 2016 and other applicable provisions of the Companies Act, 2013 The Hon'ble NCLT approved the said Scheme vide its order dated September 23,2020. Consequently, the Company filed a certified copy of Order with Registrar of Companies ('ROC') on September 29, 2020 and utilized an amount of ? 28,100 Lakhs from paid-up share capital of the Company by reducing the face value of the equity shares from ? 10/- to X 51- each and ? 10,301 Lakhs from securities premium to write-ofT its accumulated losses of? 38,401 Lakhs.
9 The Company is engaged in the business of software products and related services, which are monitored as a single segment by the Chief Operating Decision Maker, accordingly, these, in the context of Ind AS 108 on Operating Segments Reporting are considered to constitute one segment and hence the Company has not made any additional segment disclosures
10 The full impact of COVID 19 still remains uncertain and could be different from the estimates considered while preparing these standalone financial results. The Company shall continue to closely monitor any material changes to future economic conditions
11 The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective
12 The Board of Directors had recommended a final dividend of ? 0 25/-(S%) per equity' share on face value of? 5/- each for the financial year 2020-2021. The same was approved by the shareholders in the Annual General Meeting of the Company held on July 9, 2021 and was paid on July 20, 2021.
13 (a) With effect from January 1, 2021, the Company has carried out strategic re-organization and decided to centralize certain key Sales and Business support functions, to drive better efficiency of scale and overall operations Accordingly, all such employees in sales and business support functions from other group entities in India have been transferred to the Company.

(b) During the previous quarter ended March 31, 2021, pursuant to the above re-organisation, common costs pertaining to sales and business support function amounting to ? 1,406 Lakhs (including ? 422 lakhs up for the period from April 01, 2020 to December 31, 2020) had been recovered by the Company with an agreed mark-up from other group entities and is reflected under revenue from operations Similarly, an amount of? 135 Lakhs (including ? 117 Lakhs for the period from April 01,2020 to December 31,2020) had been charged to the Company by other group entities and is reflected under marketing and support charges in other expenses.

14	The figures of last quarter of previous year are the balancing figures between the audited figures in respect of the full financial yea,				larch 31, 2021 and the
	published unaudited year to date figures for the nine months ended December 31, 2020

Kumar Padmanabhan Managing Director & CEO

Place: Bengaluru Date: August 9, 2021

For further details on the results, please visit our website: wwiv.

S.R. Batuboi & Associates LLP

Chartered Accountants

12th Floor 'UB City" Canberra Block No. 24, Vittal Mallya Road Bengaluru • 560 001. India Tel : +91 BO 6648 9000

Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Regulrements) Regulations, 2015, as amended

Review Report to The Board of Directors Subex Limited

1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Subex Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") for the quarter ended June 30, 2021 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
1. This Statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) " Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

1. The Statement includes the results of the Holding Company and its following entities:
- a. Subex America Inc.
- b. Subex Inc.
- c. Subex (Asia Pacific) Pte Limited
- d. Subex (U K ) Limited
- e. Subex Middle East, FZE
- f. Subex Technologies Limited
- g. Subex Azure Holdings Inc.
- h. Subex Assurance LLP
- i. Subex Digital LLP
- j. Subex Bangladesh Private Limited

S.R. Batliboi & Associates LLP

Chartered Accountants

Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004

per Rajeev ^yWiar V< Partner H Membership No.: 213803

Unique Document Identification Number: 'J_ 12-1 3 8 0 3 P A A A D ft |

Place : Bengaluru Date : August 09, 2021

	SUBEX LIMITED
	Registered office: Pritech Park - SEZ, Block-09, 4th Floor, B Wing, Survey No. 51-64/4, Outer ring road, Bellandur Village, VarthurHobli, Bangalore -560 103
	Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2021
					( ₹ in Lakhs)
			Quarter ended		Year ended
	Particulars	June 30, 2021	March 31, 2021	June 30, 2020	March 31, 2021
		Unaudited	Audited(Refer note 16)	Unaudited	Audited
-1	Revenue from operations	8,060	9,616	8,870	37,203
$\overline{\mathbf{c}}$	Other income	671	172	96	474
3	Total income $(1+2)$	8,731	9,788	8,966	37,677
	Expenses
	Employee benefits expense (Refer note 4)	5,107	5,017	4,557	19,720
	Finance costs	41	45	110	296
	Depreciation and amortization expense	242	223	366	1,378
	Other expenses	1,333	2,284	1,353	7,633
4	Total expenses	6,723	7,569	6,386	29,027
5	Profit before exceptional items and tax (3-4)	2,008	2,219	2,580	8,650
	Exceptional items
	Provision for service tax receivable (Refer note 6)	٠			(267)
	Gain on termination of lease agreement (Refer note 7)				554
6	Total exceptional items	٠			287


7	Net profit before tax $(5+6)$	2,008	2,219	2,580	8,937
8	Tax expense, net
	Current tax charge	92	639	1	696
	Provision/(Reversal) - foreign withholding taxes (Refer note 8)	65	(541)	346	399
	Deferred tax charge (including MAT credit entitlement) (Refer note 9)	503	561	717	2,670
	Total tax expense	660	659	1,064	3,765
9	Net profit for the period/year (7-8)	1,348	1,560	1,516	5,172
10	Other comprehensive income/ (loss) net of tax expense
	Items that will be reclassified subsequently to profit or loss:
	Net exchange differences gain/(loss) on translation of foreign operations	150	61	(38)	636

	Items that will not be reclassified subsequently to profit or loss:Re-measurement gain/(loss) on defined benefit plan	(3)	26	(4)
	Total other comprehensive income/ (loss)	147	87	(42)	624
	11 Total comprehensive income/ (loss) for the period/ year (9+10)	1,495	1,647	1,474	5,796

	12 Paid up equity share capital (Refer note 10)[face value of ₹5 each w.e.f September 29, 2020 and ₹10 upto September 28, 2020]	28,100	28,100	56,200	28,100
	13 Other equity				26,755
	14 Earnings per share (of ₹ 5/- each w.e.f September 29, 2020 and ₹ 10 upto September
	28, 2020) (not annualised in case of the interim periods) (Refer note 10):
	- Basic	0.250.24	0.290.28	0.280.28	(12)0.960.94

$nlnl$

Notes:

The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 9, 2021.

The financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") prescribed under section 133 of the Companies Act, 2013, read with relevant rules thereunder and in terms of Regulation 33 of the SEB1 (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The financial results ofSubex Limited (Standalone information):

				(? in Lakhs)
		Quarter ended	Year ended
	June 30,2021	June 30, 2020March 31, 2021		March 31, 2021
Particulars	Unaudited	Audited(Refer note 16)	Unaudited	Audited
Total income	1,700	2,573	1,332	5,510
Net profit before tax expense	269	1,186	900	2,651
Net profit for the period/ year	269	1,157	900	2,622
Total comprehensive income / (loss) for the period/ year	269	1,162	899	2,622

Employee benefits expenses for the quarters ended June 30, 2021, March 31, 2021 and June 30, 2020 are net of reversal of provision no longer required, in respect of employee incentives relating to sales and delivery commissions, amounting to ? 786 Lakhs, ? 486 Lakhs and ? 333 Lakhs, respectively, and that for the year ended March 31,2021 amounting to ? 333 Lakhs.
As at March 31, 2021, the Company assessed and concluded the carrying value of it's goodwill along with carrying value of related Cash Generating Units ('CGUs') is appropriate There is no change in the management's assessment as regards the aforementioned carrying value of it's goodwill along with carrying value of related CGU as at June 30,2021
During the previous year ended March 31, 2021, service tax receivable of ? 267 lakhs had been provided for considering the uncertainty as regards to its realisation.

Represents gain arising on termination of the lease agreement of existing office premises in India, accounted in accordance with Ind AS 116 - Leases,

Represents rcversal/provision in respect of foreign withholding taxes deducted/ deductible by the overseas customers of the Group. Considering the expected utilisation of foreign withholding taxes, provision of? 723 Lakhs (including provision of? 279 Lakhs as at April 01, 2020) made during the earlier quarters, has been reversed during the previous quarter ended March 31,2021.
Deferred tax charge/(credit), comprises of liability arising on account of tax benefits from amortisation of intangible assets of Subex Assurance LLP, net of deferred tax assets arising on account o f carry forward losses and other taxable temporary differences, which arose mainly on account o f business restructuring effected from November 1, 2017, wherein, the Company's RMS business and the Digital business was transferred on going concern basis to Subex Assurance LLP and Subex Digital LLP respectively.
10 The Board of Directors in its meeting held on February 07, 2020, approved a scheme of Capital Reduction in accordance with Section 52 of the Companies Act, 2013 and Section 66 of the Companies Act, 2013 read with National Company Law Tribunal ('NCLT') (Procedure for reduction of share capital of Company) Rules, 2016 and other applicable provisions of the Companies Act, 2013. TheHon'ble NCLT approved the said Scheme vide its order dated September 23,2020 Consequently, the Company filed a certified copy of the Order with Registrar of Companies ('ROC') on September 29, 2020 and utilized an amount o f? 28,100 Lakhs from paid-up share capital of the Company by reducing the face value of the equity shares from ? 10/- to ? 5/- each and ? 10,301 Lakhs from securities premium to write-off its accumulated losses of ? 38,401 Lakhs
The Group is engaged in the business of software products and related services, which are monitored as a single segment by the Chief Operating Decision Maker, accordingly, these, in the context of Ind AS 108 on Operating Segments Reporting are considered to constitute one segment and hence the Group has not made any additional segment disclosures.
12 The full impact of COVID - 19 still remains uncertain and could be different from the estimates considered while preparing these consolidated financial results The Group shall continue to closely m onitor any material changes to future economic conditions.
13 The Code on Social Security, 2020 ( Code ) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020 The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Group will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective
14 The Board of Directors had recommended a final dividend of? 0.25/-(5%) per equity share on face value of ? 5/- each for the financial year 2020-2021. The same was approved by the shareholders in the Annual General Meeting of the Company held on July 9, 2021 and was paid on July 20, 2021.
15 The US Federal government in the wake of COVID 19 pandemic provided support to business through Paycheck Protection Program (PPP). Subex Inc obtained a benefit under this scheme for ?600 Lakhs during May 2020. During the quarter ended June 30, 2021, Subex Inc has obtained complete waiver of the loan amount from Small Business Administration, United States government agency and accordingly the loan and interest accrued thereon has been recognised as other income

16	The figures of last quarter of previous year are the balancing figures between the audited figures in respect of the full finance	year ended March 31, 2021 and the
	published unaudited year to date figures for the nine months ended December 31,2020

Place: Bengaluru Date: August 9, 2021

For further details on the results, please visit our website: ivi

inod Kumar Padmanabhan Managing Director & CEO

Subex announces Q1FY22 results; scales Al capabilities w ith HyperSense to accelerate growth The quarter also marks the company's entry into oil & gas vertical with a key win

AUGUST 9th 2021, BENGALURU, INDIA - Subex. a pioneer in the space of Digital Trust, today announced its consolidated financial results for the first quarter of 2021.

Performance Highlights fo r the quarter ended June, 2021:

Revenue for the quarter at INR 806 million as against INR 887 million in Q1FY21.
EBIDTA for the quarter at INR 162 million as against INR 296 million in Q1FY21
Profit after Tax (PAT) for the quarter at INR 135 million as against INR 152 million in Q1FY21

Commenting on the results, Vinod Kumar, Managing Director & CEO, Subex, said:

"Businesses are still coming to terms with the uncertainty brought in by the second wave of COVID-19, and this has had some bearing on our ability to deliver projects as several Subexians were infected during Q1. Even though the project delivery delays had negatively impacted our Q1 revenues, we will be able to get to our growth targets in the coming quarters.

At Subex, our focus has been on fostering sustainable innovation translating into a profitable portfolio that is future proof. Towards this we launched HyperSense which is a no-code Al platform that enables enterprises to achieve accelerated growth through Al. It was very well received by the market, and we are in advanced stages of engagement with multiple operators. Additionally, we have also witnessed some notable wins for our newer offerings of loT/OT Security and Identity Analytics. With markets fully opening in many geographies, many new projects that were put on hold due to pandemic have been reinitiated. All these will result in increased opportunities and therefore growth in coming quarters."

Highlights o f the Quarter

Subex launched HyperSense to scale up Al offering for the next phase of growth.
Subex Secure and Spire Solutions entered a strategic partnership and won a project to secure a leading oil and gas company in the Middle East
A Middle East operator partnered with Subex for a multi-million-dollar Capacity Management deal.
Subex partnered with Snowflake to bring the power of Al-driven augmented analytics to customers.
Subex Inc. received loan waiver from US Govt, under Paycheck Protection Program

About Subex

Subex is a pioneer in enabling Digital Trust for businesses across the globe. Founded in 1994, Subex helps its customers maximise their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimisation and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on risk mitigation, security, predictability and intelligence, Subex helps businesses embrace disruptive changes and succeed with confidence in creating a secure digital world for their customers.

Through HyperSense, an end-to-end augmented analytics platform, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (Al) analytics across the data value chain. The solution allows users without a knowledge of coding to easily aggregate data from disparate sources, turn data into insights by building, interpreting and tuning Al models, and effortlessly share their findings across the organisation, all on a no-code platform.

Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries. For more information, visit www.subex.com

Investor Relations
Mr. G V KrishnakanthCompany Secretary+91 99005 90024[email protected]	Mr. Diwakar Pingle,Managing Director,Christensen India Private Limited,+91 98339 04971 dpingle@ ChristensenlR,cgm

Subex Limited Q1 FY22 Earnings Call Invite

Subex Limited to announce Q1 FY22 results on 9th August, 2021; Earnings call to be held on 10th August, 2021 at 3:00 pm (IST)

Subex Ltd. (BSE: SUBEX I 532348), (NSE: SUBEXLTD), a leading telecom analytics solution provider, will announce its consolidated financial results for the First quarter ended 30th June 2021 on Monday, 9 th August, 2021. The earnings call for the results will be held on Tuesday, 10th August, 2021 at 3:00 pm (IST).

The Details of Earnings Conference Call are:

Date: 10th August, 2021

Time (IST): 3:00 PM – 4:00 PM

Dial-in Number: +91 22 6280 1348 / 7115 8078

The number listed above is universally accessible from all networks and all countries

International Toll-Free Numbers:

USA – 1 866 746 2133 UK – 0 808 101 1573 Singapore – 800 101 2045 Hong Kong – 800 964 448

Diamond Pass:

Click Here to join with DiamondPass™ (No Wait Time)

Management Representation from Subex Limited

Mr. Vinod Kumar Padmanabhan, Managing Director & CEO, Subex Limited

Mr. Venkatraman G S, Chief Financial Officer, Subex Limited

Participants are requested to log in 10 minutes prior to the start of the scheduled call.

About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1994, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries.

In case of any queries, please reach out to

G V Krishnakanth	Diwakar Pingle
Subex Ltd.	Christensen Advisory, India
080 37451377	022 4215 0210
[email protected]	[email protected]

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forwardlooking statements to reflect subsequent events or circumstances.

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Subex Ltd Interim / Quarterly Report 2022