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Sify Technologies Q1 net up 31percent
Monday, 01 August 2011, 04:45 Hrs
CHENNAI: IT services provider Sify Technologies Ltd reported a 31 per cent jump in its revenues at $50.73 million for the quarter ended June 30, 2011.
The growth was primarily driven by revenues from enterprise services which grew by 40 per cent over the corresponding quarter a year ago. This included a $10.3 million project executed for a large telecom company, a statement here said.
The EBITDA for the quarter also grew to $2.80 million, from $0.51 million in the corresponding quarter of previous year, it said.
Source: PTI
The growth was primarily driven by revenues from enterprise services which grew by 40 per cent over the corresponding quarter a year ago. This included a $10.3 million project executed for a large telecom company, a statement here said.
The EBITDA for the quarter also grew to $2.80 million, from $0.51 million in the corresponding quarter of previous year, it said.
Source: PTI
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