Sify's financial results

Supreme

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And here are the sify's Q1 results

Q1 revenues grow 31%, year over year, to $23.5 million
Sify ended the quarter with a cash balance of over $30 million.

http://www.sifycorp.com/scripts/press/cont...asp?PressId=176
 

coolbuddy_79

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the money they made by fooling innocent (as well as not so innocent) customers!!! :lol:
 

Mahesh1

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Read carefully they actually madea loss this quarter.

Sify reported revenues of $23.5 million for the first quarter, 31% higher than in the quarter ended 30th June 2004.
Sify?s cash profit (in adjusted EBITDA terms) for the quarter was $0.34 million. See below for a reconciliation of Adjusted EBITDA to our U.S. GAAP operating results.
Sify?s net loss for the quarter was $2.26 million, 12% lower than the net loss for the previous quarter.
Sify ended the quarter with a cash balance of over $30 million.
 


coolbuddy_79

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well, the customer got aware and left them when they got the alternatives in that quarter!!! :lol:
 

prasannasimha

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Are you referring to Satyam or Sify as they are now different entities. Satyam has dissascociated from ISP sify long ago following which there isthis progressive slump.Prasanna
 


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