Sify reports Revenues of RS. 4683 mn for Q’1, FY 2018-19

26th July 2018 | By Mouseworld Now Correspondent |

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Chennai, India, July 26, 2018: Sify has reported revenues of INR 4683 million for First Quarter of FY 2018-19.The company’s EBITDA for the Quarter stood at INR 741 Million.

Kamal Nath, CEO, Sify Techologies, said, “Our sustained focus on our “Cloud@Core” service lines, along with the investments being made around this model, is adding a distinct character to our revenue, profitability and new order book. Clients are seeing the merits in our vertical-based business strategy and the flexibility to opt for either a “subscription” or a “build” model. Our positioning as a digital transformation partner, our comprehensive set of services and demonstrated speed-to-market are key differentiators that will propel our growth.”

“Our business is supported by our continuing investment in infrastructure, tools and people to augment our growing portfolio of services. While we continue to exert greater fiscal discipline, our mix of DC and Network value added services should help broaden our revenue streams,” said M P Vijay Kumar, CFO, Sify.

The company’s balance at the end of the quarter stands at INR 1710 Million”

GROWTH DRIVERS

In line with the Government’s Digital transformation in India, the company’s investments and initiatives are focused on creating infrastructures and services which has “Cloud @core” as the central theme. These investments and initiatives cut across Data Center, Cloud, Network and Applications.

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