Sify Reports Revenues of INR 3407 Million for First Quarter of FY 2015-16

Sify Technologies Limited announced its consolidated results under International Financial Reporting Standards (IFRS) for the first quarter of fiscal year 2015-16.

Revenue for the quarter was INR 3407 million, an increase of about 15 percent over the same quarter last year. EBITDA for the quarter was INR 583 million, an increase of 21 percent over same quarter last year. Net Profit for the quarter was INR 85 million, a decrease of 25 percent over same quarter last year.CAPEX during the year was INR 82 million. Cash balance at the end of the quarter was INR 1342 million.

Mr. Raju Vegesna, Chairman, said, "Our continued growth in the face of a difficult economic environment...