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The latest update is out from Sify Technologies ( (SIFY) ).
On April 13, 2026, Sify Technologies reported its unaudited consolidated IFRS results for fiscal 2025-26, posting revenue of INR 44,877 million, up 13% year-on-year, and EBITDA of INR 9,871 million, a 31% increase. Despite operational improvement, the company recorded a loss after tax of INR 1,366 million, reflecting higher depreciation, finance costs and recognition of additional coupon expense linked to the February 2026 CCD-to-equity conversion under its agreement with Kotak.
Management highlighted continued investment in data centers, network expansion and talent, with FY 2025-26 capex reaching INR 13,282 million and year-end cash at INR 5,071 million. Network and data center services each contributed 39% of revenue and grew 12% and 23% respectively, while digital services declined slightly, and Sify’s data center arm sold 17MW during the year and contracted an additional 81MW for FY 2026-27, underpinning its positioning to benefit from India’s accelerating digital infrastructure build-out and the forthcoming IPO of its data center subsidiary, for which SEBI has issued final observations.
Sify also reported strong customer wins across telecom, financial services, insurance, cloud and public sector clients, including large network integration deals, new data center and colocation contracts from global hyperscalers and internet players, and expansion of cloud and managed services engagements in India and North America. Management framed these developments, along with supportive policy measures such as tax incentives for foreign cloud players using Indian data centers, as reinforcing Sify’s strategic role in India’s evolving digital ecosystem while it maintains a focus on cost competitiveness, cash flow optimization and fiscal discipline.
Spark’s Take on SIFY Stock
According to Spark, TipRanks’ AI Analyst, SIFY is a Neutral.
The score is primarily held back by weak financial performance (net losses, rising leverage, and negative free cash flow from heavy capex). The earnings call provides a meaningful offset due to strong Data Center/Network momentum and contracted backlog, while technicals are neutral-to-soft and valuation is constrained by unprofitability and no dividend data.
To see Spark’s full report on SIFY stock, click here.
More about Sify Technologies
Sify Technologies Limited is an Indian information and communications technology company that operates across network services, data center services and digital services. The Chennai-headquartered firm focuses on enterprise connectivity, cloud and data center infrastructure, and digital transformation solutions for domestic and increasingly global customers.
Average Trading Volume: 69,683
Technical Sentiment Signal: Strong Buy
Current Market Cap: $994.5M
Learn more about SIFY stock on TipRanks’ Stock Analysis page.