21.01.2014 15:29:50

Sify Posts Profit In Q3 - Quick Facts

(RTTNews) - Sify Technologies Limited (SIFY), an Indian company dealing in Managed Enterprises, IT and software services, reported that net profit for the third-quarter ended December 31, 2013 was 63 million rupees as against a net loss of 56 million rupees in prior year quarter.

EBITDA for the quarter was 413 million rupees, an increase of over 100% over the same quarter last year.

Telecom business grew by 96% over same quarter last year. The Technology Integration business grew by 13% over the same quarter last year.

Revenue for the quarter was 2.698 billion rupees, an increase of 21% from last year's 2.222 billion rupees.

Cash balance at the end of the quarter was 1.304 billion rupees.

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