Sify's financial results

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

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

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.

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

i doubt they do make enough money from this line

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

Thats gud news, they should have done this long back.