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Sify happy as its revenue goes up

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CIOL Bureau
New Update

CHENNAI, INDIA: Sify Technologies Limited, a leader in managed enterprise, network and IT Services in India, has said its revenue for the quater ended September 30 was $37.10 million.

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Revenue from enterprise services grew by 7.5% and from software services by 22% over the corresponding quarter previous year.

Net loss before tax for the quarter reduced to $1.39 million, as against a net loss of $2.74 million in the corresponding quarter previous year.

Raju Vegesna, Chairman and MD, said, “We are pleased to present our financial performance for the second quarter of FY 2011-12.  Our Enterprise business continues to gain traction, supported by domestic growth in the corporate segment and a renewed spending environment." 

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