President of Sify Technologies Raju Vegesna | Photo credit: Moorthy RV
The comprehensive ICT service provider and the Sify Technologies solution provider has reported a net loss of ₹ 57.8 million rupees for the quarter of March 2025, the company said on Saturday.
The city -based company had registered a net gain of ₹ 8.9 million rupees, the corresponding quarter of the previous financial year.
For the full financial year that ends on March 31, 2025, the company’s net loss stood at ₹ 78.5 million rupees, compared to a net gain of ₹ 16.8 million rupees in the previous year.
The total revenues for the quarter from January to March 2025 were at ₹ 969.9 million rupees, compared to ₹ 963.7 million rupees in the same period last year.
The income grew to ₹ 3,988.6 million rupees for the financial year, which on March 31, 2025, compared to the ₹ 3,563.4 million rupees in the previous year.
Divided income among companies for financial year 2024–25 were: network services to 41 percent, data centers to 38 percent and digital services to 21 percent.
As of March 31, 2025, Sify Technologies provides services through 1,137 fiber nodes throughout the country, marking a 10 percent increase with respect to last year.
Executive Director and MP of the CFO of the Vijay Kumar Group commented on financial performance: “We continue to Human hunting posts. ” “” “. “” “” “.
“Our approach remains focused on developing resilience, improving operational agility and capturing emerging opportunities. Income tax spending includes taxes both to the subsidiary of the Income Center,” he added.
The capital expenditure for the last financial year was ₹ 1,274.5 million rupees.
The president of Sify Technologies, Raju Vegesna, said: “The emergency of India as a global growth center is no longer a prognosis, it is a current reality. India will become the third largest economy by 2030-31, with an annual growth projected from 6.” ”
“This growth is backed by liberal economic reforms, a vibrant start ecosystem and a demographic dividend. With more than 1.2 billion users of mobile phones and the second base user base worldwide, India is now an important workshop to emerge, Hey Saiden, Hey, Hey, Hey, Hey, Hey, Saiden.
Government initiatives such as ‘Digital India’ and ‘Startup India’ have in addition to accelerated technological innovation, with India now home of more than 100 new unicorns companies, he added.
Posted on April 19, 2025