Sify Technologies Limited (SIFY) has released an update.
Sify Technologies Limited has reported a 7% increase in revenue to INR 35,634 Million and EBITDA to INR 6,756 Million for FY 2023-24, despite a significant 93% drop in profits compared to the previous year. The company highlighted robust investments in infrastructure and services to meet the demands of digital transformation and emphasized its commitment to cost-effectiveness and fiscal prudence. Notable business growth was seen in network services with a 16% increase in fiber nodes and new high-profile customer engagements across various sectors.
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