Sify Technologies has reported consolidated revenues of $50.73 million in the quarter ended June 30, 2011, about 31 per cent higher than in the corresponding quarter of the previous year.
This growth was driven by revenues from the company?s enterprise services which grew by 40 per cent over the corresponding quarter in the previous year. This included a $10.3 million project executed for a large telecom company.
Earnings before interest, tax, depreciation and amortisation have increased to $2.80 million from $0.51 million. The net loss, before tax, has reduced to $1.91 million from a net loss of $4.05 million in the quarter under consideration.
