Sify Q2 profit rises 38.5% to 35.6 crore

New Delhi: IT company Sify Technologies on Friday reported a 38.5 per cent increase in its consolidated profit after tax to Rs 35.6 crore for the second quarter ended September 30. The company had registered Rs 25.7 crore profit in the same quarter a year ago.

The consolidated revenue of Sify Technologies increased by 18.42 per cent to Rs 698.6 crore during the reported quarter from 589.9 crore in the corresponding quarter of 2020-21.

Sify made a capital expenditure of Rs 149.7 crore during the quarter and its cash balance stood at Rs 282 crore.