CtrlS crosses Rs 100 crore annuity revenue

The company had closed the previous financial year with an annuity revenue of Rs 47.9 crore

CtrlS Datacenters, a city-based IT-enabled managed services provider owning Asia's largest Tier-IV datacentre, has crossed Rs 100 crore in annuity revenue during the 2012 calendar. The company closed the previous financial year ended March 31, 2012, where it recorded annuity revenue of Rs 47.92 crore.

“Today, close to 40 per cent of our revenue comes from the banking, financial services and insurance (BFSI) sector. We see a huge potential in the market and hope to capture a huge share in the market,” CtrlS founder and chief executive officer Sridhar Reddy said on Tuesday.

CtrlS currently owns and operates two facilities in Hyderabad and Mumbai. While the Hyderabad centre consists of 20,000 sft with a rack capacity of 972 and power capacity of 10 Mw, the 200,000-sft Mumbai facility can house 5,000 racks with a 30-Mw of power capacity.

“A third facility is due for launch in the Delhi region during 2013,” he said.