Nasdaq listed Sify Ltd, the largest aggregator of bandwidth in the country, said on Thursday its revenues for the second quarter ended September 30, 2003, grew 43 per cent over the same quarter last year, while cash burn and losses declined further.
Sales revenue during the quarter was $14.5 million, representing a 43 per cent growth over the same quarter last year and a 10.5 per cent rise over the immediately preceding quarter.
The company also incurred a reduced cash loss (in adjusted EBITDA terms) of $0.34 million ($3.34 million). The cash burn during the quarter was $0.9 million excluding non-operational cash inflows.
Unichem Labs bottomline grows 25%
Unichem Laboratories reported a net profit of Rs 11.63 crore for the second quarter ended September 30 compared with Rs 9.27 crore in the corresponding quarter of the previous year, up 25.4 per cent.
