Telecom Lead India: Sify Technologies has posted 11.3 percent increase in FY 2013 to INR 8570 million against INR 7698 million last year.
Net Profit of Sify Technologies for the year was INR 477 million as against a net loss of INR 385 million for the previous year. The net profit included a one-time gain of INR 658 million from sale of stake in associate company.
Capex during the year was INR 1846 million.
The company’s strategy to offer solutions and services as flexible and scalable packages is working well.
Kamal Nath, CEO, Sify Technologies, said, “We are fast emerging as a service provider with skill-sets of a systems integrator who can design and deliver multi-tower IT & Telecom projects in various commercial models.”
Enterprise business
Network services
Sify Technologies’ revenue from data services rose 21 percent in FY 2013. In Q4 growth was 25 percent.
Revenue from voice business increased 27 percent over previous year. Sify is now carrying more than 3.6 billion minutes annually.
Wireless access links have increased by 40 percent over last year.
Overall Internet business grew by 50 percent over last year.
The Carrier business registered a growth of 22 percent growth in revenues over last year.
IT Services
Its cloud business saw the maximum traction with a growth of more than 50 percent in revenue over last fiscal.
The business has added 26 large Enterprise customers and more than 60 SME projects.
Software services
The eLearning business acquired over 10 new accounts for talent management.
The Enterprise Software business has won significant web application and e-procurement deals in local urban bodies and from the different departments of state of Maharastra.
