The commercial and consumer business segment for Sify has shrunk even further for the company, down to $1.95 million, compared to $2.78 million for the same fiscal last year - a year on year decline of 29.85%. In addition, the contribution of this segment to total revenues is down to 5.2% (of $37.10 million), compared to 7.92% for the same quarter a year ago. The lack of relevance of the consumer business for Sify is such that it barely gets a mention in its earnings release - only "Visitors to our Sify.com portal grew by 19% versus same quarter last year, helped by the launch of Health and Technology portals and the strength of Sify Sports." There is no mention of its access business and e-ports. For information on the enterprise business, go here. From Sify's Annual report, we've culled out the following information, though it pertains to the financial year ending March 2011, and is hence six months older than the current results: Revenue from Consumer One services comprising of Internet Access services and Online Portal services, has decreased by Rs 31.84 crore or 37.69 % from Rs 84.47 crore for the year ended March 31, 2010 to Rs 52.63 crore for the year ended March 31, 2011. The reasons for the decline: - Internet Access services: accounted for Rs 40.39 crore in revenues, down from Rs 71.39 crore, representing a decrease of Rs 31 crore, or 43.42%. This was on account of a decrease of Rs 17.8 crore…
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