Sify Technologies posts 12.6 percent dip in Q1 revenue

Telecom Lead India: Sify
Technologies has posted 12.6 dip in revenues at INR 1974 million for the
quarter ended June 30, 2012 against INR 2259 million for the same period in the
previous year.

Sify’s EBITDA increased to INR 179 million as compared to
INR 109 million in the corresponding quarter previous year.

Net loss of Sify improved.

Net loss for the quarter was INR 68 million, as against a
net loss of INR 111 million in the corresponding quarter previous year.

Sify spent INR 230 million as Capex during the quarter.

Sify said its service-led strategy, offering Network, IT,
and Software on a service model, is bringing result in the competitive market.

“We are now seeing higher sales, better up-selling and
quicker turn-around times. Leveraging our expertise in providing
mission-critical solutions to large enterprise customers, we have been able to
deploy industry leading solutions on a pay-as-you-go basis that is very
attractive in the Indian market. With our strong infrastructure focus on one
side and our vision of delivering a complete ICT eco system, we are among the
first choice of companies that are looking for affordable end-to-end IT, ITES
and ICT solutions,” said Raju Vegesna, chairman, CEO & MD, Sify

Large and Emerging Enterprises are its core focus.

Sify’s PoP footprint extends to over 800 towns and cities
and base station count stands at over 1500.

Data revenue increased about 8 percent over same quarter
last year.

International voice business reported 38 percent growth over
the corresponding quarter last year.

Sify’s SOHO/SMB customer base grew by 4 percent over the previous
quarter, across multiple industries, including Manufacturing, Dealers,
Professionals, Cyber cafes and Retail chains.

Direct sales agents and channel sales contributing 37
percent of revenue, up by 7 percent over last quarter.

Hosting, Managed Services and Cloud services have grown 38
percent over same period last year.

System Integration services is lower due to the one-time
System Integration project booked in the same quarter last year.

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