Reports Revenues of INR 5807 Million forQ2‘2019-20
Sify’s performance report for the second quarter of FY 2019-20 reveals theRevenue for the quarter to be INR 5807 Million. This marks an increase of 5% over the same quarter last year. EBITDA for the quarter was INR 1061 Million, which registered an increase of 38% over the same quarter last year. Considering IFRS16 leases adoption from April 1, 2019 the increase is 24% on comparable basis.
As the reports said, the profit before tax for the quarter was INR 280 Million, which is 11% more than the profit in the same quarter last year. Profit after tax, on the other hand, for the quarter was INR 191 Million, which registered a decrease of 25% over the same quarter last year due to tax expense during the current quarter.
The revenue from Data Center centric IT Services fell by 4% over the same quarter last year. Whereas, the revenue from Telecom centric services grew by 16% over the same quarter last year.
Segment-wise, revenue from Data Center Services and Cloud and Managed Services grew by 18% and 30% respectively, while those from Technology Integration Services and Application Integration Services fell by 32% and 3% respectively.
