NEW DELHI, Apr 24: Software services provider Sify Technologies Limited has reported a rise of 16 per cent net profit from Rs 37.6 crore (2014-15) to Rs 43.6 crore (2015-16). Similarly, sify Technologies Limited has also announced total revenue increased by 17 per cent at Rs 1503.5 crore in the year 2015-16 against Rs 1286.5 crore in the previous fiscal. “This year, Sify also took its first steps towards a larger ambition of going global; not just on signing up international clients, but also building a pool of highly skilled workforce with the launch of our Global Innovation and Development Centre at Hyderabad. We believe that our complete ICT ecosystem and on-demand workforce will be an undeniable advantage for our customers in the long run,” said Raju Vegesna, Chairman of Sify in a statement. Sify further said that the last fourth-quarterly net profit rose by 16.85 per cent against Rs 10.4 crore in the quarter ended on March 31, 2016 as compared to Rs 8.9 crore over the corresponding period last year. Sify also reported total income increas by 15 per cent at Rs 403.6 crore in the last quarter of 2015-16 against Rs 359.4 crore in the same period previous year. “A significant number of our clients have endorsed us for our Data Centre Transformation and Network Transformation offering while choosing us as their Integrated ICT partner,” said Kamal Nath, CEO of Sify. “The quantitative and qualitative performance coupled with healthy mix of Run rate, Annuity and Large deals have strengthened our base for a sustained growth in FY16-17 and beyond,” he added. (UNI)
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