Last two consecutive quarters are profitable. Read SEC filings for REDF's earning growth rate. Management did great job and controlled cost very well. Look at their margin, 70%, that is super! Internet is booming in india. You are talking about #1 portal in india, 1 billion plus people! Every 1 out of 5 of us is an indian.
By the way, Dell just announced that it will hire 5000 people in india. What does not mean for REDF and SIFY?