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Reading: Sify Applied sciences reviews This fall web loss at Rs 57.8 cr
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StockWaves > Financial News > Sify Applied sciences reviews This fall web loss at Rs 57.8 cr
Financial News

Sify Applied sciences reviews This fall web loss at Rs 57.8 cr

StockWaves By StockWaves Last updated: April 19, 2025 3 Min Read
Sify Applied sciences reviews This fall web loss at Rs 57.8 cr
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Complete ICT service and answer supplier Sify Applied sciences has reported a web lack of Rs 57.8 crore for the March 2025 quarter, the corporate stated on Saturday. The town-based firm had registered a web revenue of Rs 8.9 crore in the course of the corresponding quarter of the earlier monetary 12 months.

For the total monetary 12 months ending March 31, 2025, the online lack of the corporate stood at Rs 78.5 crore, as towards a web revenue of Rs 16.8 crore within the earlier 12 months.

Whole income for the January-March 2025 quarter stood at Rs 969.9 crore, in comparison with Rs 963.7 crore recorded in the identical interval final 12 months.

Income grew to Rs 3,988.6 crore for the monetary 12 months ending March 31, 2025, in comparison with Rs 3,563.4 crore recorded within the earlier 12 months.

The income break up throughout companies for the monetary 12 months 2024-25 was: community companies at 41 per cent, information centres at 38 per cent, and digital companies at 21 per cent.

Stay Occasions


As of March 31, 2025, Sify Applied sciences supplies companies by way of 1,137 fibre nodes throughout the nation, marking a ten per cent improve over final 12 months. Govt Director and Group CFO M P Vijay Kumar commented on the monetary efficiency: “We stay dedicated to value effectivity and monetary self-discipline, aligning our monetary methods with long-term worth creation throughout all our companies. Whereas we plan important investments for future readiness, our present outcomes face a number of headwinds reminiscent of depreciation, curiosity bills, and rising manpower prices.” “Our method stays targeted on constructing resilience, enhancing operational agility, and capturing rising alternatives. The revenue tax expense consists of each present and deferred tax of Rs 53.9 crore on the revenue of our information centre subsidiary,” he added.

The capital expenditure for the final monetary 12 months was Rs 1,274.5 crore.

Sify Applied sciences Chairman Raju Vegesna stated, “India’s emergence as a world progress hub is not a forecast-it is a present-day actuality. India is about to develop into the third-largest financial system by 2030-31, with projected annual progress of 6.7 per cent, in accordance with S&P World.”

“This progress is underpinned by liberal financial reforms, a vibrant startup ecosystem, and a demographic dividend. With over 1.2 billion cell phone customers and the second-largest web consumer base globally, India is now an essential testbed for rising applied sciences reminiscent of AI, 5G, and cloud computing,” he stated.

Authorities initiatives like ‘Digital India’ and ‘Startup India’ have additional accelerated tech innovation, with India now house to over 100 unicorn startups, he added.

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