- Sify Technologies (SIFY, Financial) reported a commendable 12% increase in annual revenue.
- Despite revenue growth, the company faced a post-tax loss of INR 785 million.
- EBITDA experienced consistent growth of 12%.
Revenue and EBITDA Growth
Sify Technologies (SIFY) demonstrated a solid financial performance this year with a notable 12% increase in annual revenue, bringing in INR 39,886 million. This steady growth was mirrored in the company's earnings before interest, taxes, depreciation, and amortization (EBITDA), which also rose by 12% to reach INR 7,562 million.
Challenges in Profitability
Despite the robust revenue and EBITDA growth, Sify Technologies faced challenges on the profitability front. The company reported a loss before tax amounting to INR 286 million. Furthermore, the post-tax loss stood at INR 785 million, highlighting areas where financial strategies might need adjustments.
Capital Expenditure
Sify's commitment to future growth is evident from its substantial capital expenditures, which totaled INR 12,745 million for the year. This investment underlines the company's focus on expansion and infrastructure development.
