Sify Technologies has posted its financial results for the financial year 2012-13.
For the period under review the company has registered revenues and net profit of Rs 8,570 million and Rs 477 million, respectively. The company?s earnings before interest, taxes, depreciation, and amortisation for 2012-13 stood at Rs 802 million.
Further, for the period under review, Sify Technologies? capex and cash balance stood at Rs 1,846 million and Rs 999 million, respectively.
Commenting on the results, M.P. Vijay Kumar, chief financial officer, Sify Technologies stated that, ?Over the last year, our adherence to strict supervision of our expenditure has contributed to steadily improving financial results. At the same time, we continue to make investments in solid infrastructure needed to grow our business and leverage economies of scale. As a result, we remain in good fiscal health amidst continuing market uncertainties. An early market revival should see us reaping the benefits of our fiscal discipline and market strategies.?
