Sify Technologies Limited ( (SIFY) ) has released its Q1 earnings. Here is a breakdown of the information Sify Technologies Limited presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sify Technologies Limited is a leading Indian ICT service and solution provider, focusing on cloud-based solutions and digital transformation for businesses of all sizes. In the latest earnings report for Q1 FY 2025-26, Sify Technologies reported revenues of INR 10,723 million, marking a 14% increase compared to the same quarter last year. The company’s EBITDA rose by 18% to INR 2,111 million, although it recorded a loss of INR 389 million for the period. Key financial metrics highlighted include a capital expenditure of INR 2,874 million and a cash balance of INR 3,861 million at the end of the quarter. The revenue distribution across its business segments was 41% from Network Services, 37% from Data Center Services, and 22% from Digital Services. Sify continues to expand its infrastructure, commissioning an additional 8.6 MW of Data Center capacity and increasing its fiber nodes by 10% year-over-year. The company secured several significant contracts across its service offerings, including network services for global IT leaders and cloud platform implementations for various sectors. Looking ahead, Sify Technologies remains committed to cost efficiency and long-term value creation, with a focus on building future-ready capabilities and embedding sustainability into its business practices.