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Business News/ Companies / Sify suffers loss of Rs7 cr
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Sify suffers loss of Rs7 cr

Sify suffers loss of Rs7 cr

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Chennai: Internet services provider and portal Sify Ltd has reported a net loss of $1.7 million (Rs7.14 crore) in the fourth quarter of fiscal 2007 compared with a profit of $600,000 in the year-ago period, as it went about restructuring its business in the last six months. The January-March quarter saw an 11% increase in revenue to $33 million over $29.9 million in the previous year, Sify said.

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Published: 24 Apr 2007, 12:04 AM IST
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