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For immediate release Chennai , India , January 28 , 2021 Sify reports Revenues of INR 6301 Million for Third Quarter of FY 2020-21 EBITDA for the Quarter stood at INR 1291 Million PERFORMANCE HIGHLIGHTS : Exhibit 99.1 sify Revenue for the quarter was INR 6301 Million , a growth of 7 % over the same quarter last year . EBITDA for the quarter was INR 1291 Million , an increase of 17 % over the same quarter last year . Profit before tax for the quarter was INR 400 Million , an increase of 61 % over the same quarter last year . Profit after tax for the quarter was INR 252 Million , an increase of 54 % over the same quarter last year . CAPEX during the quarter was INR 1140 Million . Cash balance at the end of the quarter was INR 4431 Million . MANAGEMENT COMMENTARY Mr. Raju Vegesna , Chairman , said , “ The pandemic has been an inflection point in the way we do business . As the world rallied to find a cure , businesses and people demonstrated resilience and adaptability . Clients are rediscovering the disruptive nature of AI , Distance learning , Telemedicine , Robotic process and Automation – long - term trends that are increasingly becoming accepted as mainstream technology . These trends continue to stimulate demand for networks and data center capacity , a business segment that Sify stays firmly committed to ” . Mr. Kamal Nath , CEO , said , “ In continuation of signs seen in earlier quarters , we are seeing an aggression in customer's decision making and spend in areas of digitalization , business continuity plan , security and remote working models . They are also allocating budgets for FY 21-22 along these lines . Overall , we are excited by these trends as our products , services and business models are in complete alignment with the customer's priorities ” . Mr. M P Vijay Kumar , CFO , said , “ Our Data Center and Network expansion plans remain on track . We will also continue to invest in People and Tools , while maintaining a tight fiscal discipline . Our discretionary spending will remain contained in the short run , without impacting the overall customer experience . Cash balance at end of the quarter was INR 4431 Million ” .