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{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} over the same quarter last year. EBITDA for the quarter was INR 1061 Million, which registered an increase of 38{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} over the same quarter last year. Considering IFRS16 leases adoption from April 1, 2019 the increase is 24{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} on comparable basis.
As the reports said, the profit before tax for the quarter was INR 280 Million, which is 11{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} 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{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} 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{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} over the same quarter last year. Whereas, the revenue from Telecom centric services grew by 16{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} over the same quarter last year.
Segment-wise, revenue from Data Center Services and Cloud and Managed Services grew by 18{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} and 30{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} respectively, while those from Technology Integration Services and Application Integration Services fell by 32{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} and 3{95328d58e7f9e3e54ea8d2b4dc0d5643e4ddd71e34bd972defa4643c55aab0be} respectively.