MILPITAS, CALIF., Jan. 21, 2014 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered at Chennai, India, a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, today announcedits consolidated results under International Financial Reporting Standards (IFRS) for the third quarter of fiscal year 2013-14. PERFORMANCE HIGHLIGHTS:
- Revenue for the quarter ended Dec 31, 2013 was INR 2698 million, an increase of 21% over the same quarter last year.
- EBITDA for the quarter was INR 413 million, an increase of over 100% over the same quarter last year.
- Net Profit for the quarter was INR 63 million as against a net loss of INR 56 million for the same quarter last year.
- CAPEX during the quarter was INR 400 million. Cash balance at the end of the quarter was INR 1304 million.