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

26th July 2018 | By Mouseworld Now Correspondent |

sify-logo

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.

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 14 + 7 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • MG Motor Opens its first digital car-less showroom, MG Digital Studio more...
  • Globus Infocom to Participate in InfoComm India 2019 Expo more...
  • ASUS Opens New ASUS Exclusive Store in B’lore more...
  • COMPUTEX 2019 Successfully Comes to a Close at Taipei more...
  • MyGate ‘Silences’ Deliveries To Gated Communities For Seamless Customer Experience more...
dell for SMEs
Subscribe via email

Enter your email address:

Keysight
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration