Sify Technologies reports Q3 revenue INR 10.49B vs. INR 8.66B last year

EBITDA was INR 1.91B, an increase of 13% over the same quarter last year. Loss before tax was INR 119M. Loss after tax was INR 258M. Raju Vegesna, Chairman, said, “India’s growing prominence in the global marketplace is driven by its liberal policies, a supportive business environment, and a wealth of skilled resources. These factors combine to create a compelling growth opportunity for international companies, making India a critical destination in their global strategic expansion plans. India has long established a reputation of being an IT service provider for the world. That narrative is now maturing to recognize that India can be an important AI test-bed for the emerging digital economy. Multiple global leaders have also gone on record regarding the importance of the Indian market in their investment roadmap.”