Subex Q4 FY26 Revenue Up 3% QoQ

Subex reported Q4 FY26 revenue of ₹7,296 lakhs, a 3% sequential growth, with normalized EBITDA up 16.4% to ₹1,058 lakhs.
The company's cash position improved to ₹17,526 lakhs and it received a tax refund of ₹417 lakhs in the quarter.
Business highlights include new contract wins in North Africa, the Middle East, and North America for its AI FraudZap solution.
CEO Nisha Dutt emphasized the company's focus on telco and AI-led growth, with AI models in production increasing 5x since 2023.