Core Insights - Sify Technologies reported a strong demand for data center colocation, with 9.1 megawatts (MW) sold in the latest quarter, and emphasized fiscal discipline while making strategic investments in infrastructure to support long-term growth [1][4] Financial Performance - For Q3 fiscal 2025-26, Sify's revenue reached INR 11,596 million, reflecting an 11% year-over-year increase, while EBITDA grew by 29% to INR 2,470 million. However, the company reported a loss after tax of INR 3,290 million [7][8][9] Data Center Capacity and Expansion - Sify has a total design capacity of 188 MW, with 130 MW ready for service and 127 MW sold. The company expects to add approximately 125 MW from four upcoming facilities, with typical EBITDA margins for data centers around 44-45% [6][10][14] Strategic Initiatives - The company is pursuing an IPO for Sify Infinite Spaces, targeting a total issue of INR 3,700 crore to fund data center expansion and refinance debt. A strategic partnership with Google for a cable landing station in Vishakhapatnam was also highlighted [5][17] Network Services and Partnerships - Sify's network revenue has been relatively flat due to price corrections and a shift towards internet connectivity solutions. The company is managing costs to protect margins and anticipates growth in the network business alongside data center expansion [18][19] Digital Services and Future Expectations - The digital services segment continues to operate at a loss, but management expects to reach break-even by the latter part of fiscal 2026-27, focusing on core service areas such as cloud and managed services [20] AI and Infrastructure Readiness - Sify's data centers are being equipped with NVIDIA-certified capabilities and liquid cooling systems, with incremental costs for liquid cooling estimated at approximately $1.3 million per MW [23]

Financial Data and Key Metrics Changes - Revenue for Q3 FY 2025-2026 was INR 11,596 million, an increase of 11% compared to the same quarter last year [8] - EBITDA was INR 2,470 million, reflecting a 29% increase year-over-year [8] - Loss before tax was INR 2,570 million, and after tax, the loss was INR 3,290 million [8] - Capital expenditure during the quarter was INR 3,452 million, with a cash balance of INR 3,627 million at the end of the quarter [8] Business Line Data and Key Metrics Changes - Revenue split for the quarter: Network services 37%, Data center colocation services 40%, Digital services 23% [7] - Data center colocation capacity sold was 9.1 megawatts [7] - Sify Network Services operates through 1,214 fiber nodes, a 9% increase from the same quarter last year [7] Market Data and Key Metrics Changes - The company is experiencing a rising demand for secure and high-performance digital infrastructure, driven by increased focus on AI, cloud, and data-driven platforms [5][6] Company Strategy and Development Direction - Sify's strategy is aligned with India's growth in digital infrastructure, focusing on investments in hyperscaler data centers, resilient networks, and AI-driven platforms [6] - The company aims to enable enterprise transformation in India over the next decade [6] Management's Comments on Operating Environment and Future Outlook - Management highlighted India's strong economic fundamentals and accelerating digital adoption as key drivers for growth [5] - The company expects to reach break-even in the digital services segment by the latter part of FY 2026-2027 [18] Other Important Information - The company filed a draft prospectus for the IPO of Infinit Spaces in October 2025, expecting approval soon [13][14] - Total design capacity for data centers is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Q&A Session Summary Question: Update on the timing for the IPO of Infinit Spaces - Management expects approval of the draft prospectus this month, with further guidance from bankers on the timing of the issue [13][14] Question: Total design capacity and sold capacity - Total design capacity is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Question: Roadmap for new data center construction - Two facilities in the Rabale data center campus will go live this calendar year, with additional greenfield projects under construction [16] Question: Digital services operating at a loss - Management anticipates reaching break-even in the digital services segment by the latter part of FY 2026-2027 [18] Question: Network business performance - The network business experienced price corrections and a shift from MPLS to internet services, leading to flat revenue [63] Question: New growth initiatives with Google partnership - Sify is partnering with Google for a cable landing station in Vishakhapatnam, which will strategically enhance their network capabilities [67] Question: Related party transactions - Revenue and expense transfers are related to contracts signed by the parent company before the data center business was carved out [53] Question: Future capital requirements and IPO proceeds - The IPO proceeds will primarily fund data center expansion and partially retire existing loans [36][87]

Financial Data and Key Metrics Changes - Revenue for Q3 FY 2025-26 was INR 11,596 million, an increase of 11% compared to the same quarter last year [8] - EBITDA was INR 2,470 million, reflecting a 29% increase year-over-year [8] - Loss before tax was INR 2,570 million, and after tax, the loss was INR 3,290 million [8] - Capital expenditure during the quarter was INR 3,452 million, with a cash balance of INR 3,627 million at the end of the quarter [8] Business Line Data and Key Metrics Changes - Revenue split for the quarter: Network services 37%, Data center colocation services 40%, Digital services 23% [7] - Data center colocation capacity sold was 9.1 megawatts [7] - Network services provided via 1,214 fiber nodes, a 9% increase year-over-year [7] Market Data and Key Metrics Changes - The company has deployed 9,695 SD-WAN service points across India as of December 31, 2025 [7] Company Strategy and Development Direction - The company is focused on investments in hyperscaler data centers, resilient networks, and AI-driven platforms to support enterprise transformation in India [5][6] - The strategy aligns with India's growth in digital infrastructure and cloud services, driven by increasing demand for secure and high-performance digital infrastructure [5] Management's Comments on Operating Environment and Future Outlook - Management highlighted India's strong economic fundamentals and accelerating digital adoption as key drivers for growth [5] - The company expects to achieve break-even in the digital services segment by the latter part of FY 2026-27, depending on market scaling for new offerings [18] Other Important Information - The company filed a draft prospectus for the IPO of Infinite Spaces in October 2025, expecting approval soon [13][14] - Total design capacity is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Q&A Session Summary Question: Update on the timing for the IPO of Infinite Spaces - The draft prospectus was filed in October 2025, with expected approval this month, followed by market listing [13][14] Question: Total design capacity and sold capacity - Total design capacity is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Question: Roadmap for new data center construction - Two facilities in Rabale will go live this calendar year, with two additional greenfield projects under construction [16] Question: Digital services operating at a loss - Expected to reach break-even in the latter part of FY 2026-27, with profitability anticipated thereafter [18] Question: Revenue-generating capacity from sold capacity - Out of 12.16 megawatts sold, approximately 4 megawatts will generate revenue in the upcoming quarter [22] Question: Average contract tenure and return on capital employed - Hyperscale contracts are typically for seven years, with enterprise contracts for five years [39] - Return on capital employed for fully populated facilities is in the high teens [40] Question: Use of proceeds from the IPO - Proceeds will primarily fund data center expansion, with some allocated for debt reduction [41] Question: Related party disclosures in the DRHP - Revenue and expense transfers relate to contracts signed by the parent company before the data center business was carved out [61] Question: Growth of the network business - The network business experienced price corrections and a shift from MPLS to internet services, impacting revenue [71] Question: AI investment and capacity upgrades - Incremental CapEx for AI workloads is marginal, with some costs borne by customers [79][84]

Financial Data and Key Metrics Changes - Revenue for Q3 FY 2025-26 was INR 11,596 million, an increase of 11% compared to the same quarter last year [9] - EBITDA was INR 2,470 million, reflecting a 29% increase year-over-year [9] - Loss before tax was INR 2,570 million, and after tax, the loss was INR 3,290 million [9] - Capital expenditure during the quarter was INR 3,452 million, with a cash balance of INR 3,627 million at the end of the quarter [9] Business Line Data and Key Metrics Changes - Revenue split for the quarter: Network Services 37%, Data Center Colocation Services 40%, Digital Services 23% [8] - Data center colocation capacity sold was 9.1 megawatts [8] - Sify Network Services operates through 1,214 fiber nodes, a 9% increase from the same quarter last year [8] Market Data and Key Metrics Changes - The company is experiencing increased demand for secure and high-performance digital infrastructure due to the focus on AI, cloud, and data-driven platforms [5] - The network business faced price corrections and a shift from MPLS to internet services, impacting revenue growth [50] Company Strategy and Development Direction - Sify's strategy focuses on investments in hyperscaler data centers, resilient networks, and AI-driven platforms to support enterprise transformation in India [5] - The company aims to drive technology-led growth by enabling enterprises to modernize and capture new opportunities [12] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in India's growth story, highlighting strong economic fundamentals and accelerating digital adoption [5] - The digital services segment is expected to reach break-even by the latter part of FY 2026-27, with a focus on scaling new offerings [18] Other Important Information - The company filed a draft prospectus for the IPO of Infinite Spaces in October 2025, expecting regulatory approval soon [14] - The total design capacity for data centers is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Q&A Session Summary Question: Update on the timing for the IPO of Infinite Spaces - The draft prospectus was filed in October 2025, with expected approval this month, followed by market listing [14] Question: Total design capacity and sold capacity - Total design capacity is 188 megawatts, with 130 megawatts ready for service and 127 megawatts sold [15] Question: Roadmap for new data center construction - Two facilities in Rabale will go live this calendar year, with two additional greenfield projects under construction [17] Question: Digital services operating at a loss - Expected to reach break-even in the latter part of FY 2026-27, depending on market scaling for new offerings [18] Question: Revenue-generating capacity from sold capacity - Out of 12.16 megawatts sold, approximately 4 megawatts are revenue-generating [20] Question: Network business flat performance - Price corrections and customer shifts from MPLS to internet services impacted revenue growth [50] Question: AI investment and capacity upgrades - Incremental CapEx for AI workloads is marginal, with some costs borne by customers [58] Question: Related party transactions - Revenue and expense transfers relate to contracts signed by the parent company before the data center business was carved out [46]

Sify Technologies Limited (SIFY), Monday announced financial results for the third quarter, reporting loss of INR 329 million compared to a loss of INR 258 million in the prior year.In the pre-market hours, SIFY is climbing 4.74 percent, to $15.70 on the Nasdaq.EBITDA for the quarter amounted to INR 2,470 million, up 29 percent from last year's INR 1,914 million.Revenue rose 11 percent, to INR 11,596 million from INR 10,491 million in the previous year. For comments and feedback contact: editorial@rttnews. ...

Revenues of INR 11596 Million. EBITDA of INR 2470 Million. Loss for the period INR 329 Million. CHENNAI, India, Jan. 12, 2026 (GLOBE NEWSWIRE) -- DETAILS OF EARNING CALL January 13, 2026 | 8:30 AM ET | 07:00 PM IST Participant Dial in: To join: +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International) | Access Code: 910873 On the call: Mr. Raju Vegesna, Chairman of the Board and Mr. M P Vijay Kumar, Executive Director & Group CFO Live webcast: https://www.webcaster4.com/Webcast/P ...

Group 1 - Sify Technologies Ltd. is expected to report a quarterly loss of 1 cent per share on revenue of $165 million, with shares falling 3.3% to $14.50 in after-hours trading [1] - Boot Barn Holdings Inc. reported preliminary third-quarter net sales of $705.6 million, reflecting a growth of 16% year-over-year, while shares slipped 0.4% to $194.95 in after-hours trading [1] - Wealthfront Corp is anticipated to post quarterly earnings of 10 cents per share on revenue of $93.23 million, with shares rising 1.7% to $13.05 in after-hours trading [1] - Plus Therapeutics Inc. announced an offering of 22,321,429 pre-funded units at $0.56 per unit, leading to a 10% dip in shares to $0.50 in after-hours trading [1] - Solowin Holdings Ltd. reported a first-half loss of 7 cents per share, an improvement from a loss of 39 cents per share a year ago, with sales increasing to $5.842 million from $1.055 million, and shares gaining 2.4% to $4.28 in after-hours trading [1]

Core Viewpoint - Sify Technologies Limited will report its unaudited IFRS financial results for the third quarter ended December 31, 2025, on January 12, 2026, before market opens [1]. Group 1: Financial Reporting - The financial results will be announced on January 12, 2026, before the market opens [1]. - A conference call will be held on January 13, 2026, at 8:30 AM ET, featuring Mr. Raju Vegesna and Mr. M P Vijay Kumar [2]. - Interested parties can participate via phone or listen to a live broadcast on the company's website [2]. Group 2: Company Overview - Sify Technologies is recognized as India's leading Digital ICT solutions provider, focusing on Data Center, Cloud, Networks, Security, and Digital services [1][5]. - The company has received multiple Golden Peacock awards for Corporate Governance, highlighting its commitment to excellence [5]. - Sify's infrastructure includes state-of-the-art data centers and the largest MPLS network, making it a preferred choice for businesses of all sizes [6]. Group 3: Market Presence - More than 10,000 businesses across various sectors utilize Sify's services, which are available in over 1,700 cities in India [7]. - Sify also has an international presence in North America, the United Kingdom, and Singapore [7].

Core Viewpoint - Sify Technologies is experiencing significant stock sell-offs following the release of its fiscal Q2 results, despite a year-to-date stock increase of 298% [1][3]. Financial Performance - For the second quarter ending September 30, Sify reported revenue of approximately 10.5 billion Indian rupees (around $119 million) and EBITDA of roughly 2.36 billion INR (approximately $26.7 million) [3][6]. - EBITDA saw a year-over-year increase of about 20%, while revenue growth was only 3% compared to the previous year [3][6]. Future Outlook - The company is heavily investing in data centers and infrastructure to support AI computations, but many of these projects are not yet operational, contributing to weak sales growth [4][5]. - Although significant sales increases are anticipated with the launch of new data centers, current sales growth is muted, leading to potential volatility in Sify's stock [5][6].

Financial Data and Key Metrics Changes - Revenue for Q2 2025-2026 was INR 10,533 million, an increase of 3% compared to the same quarter last year [9] - EBITDA was INR 2,361 million, reflecting a 20% increase year-over-year [9] - Loss before tax was INR 194 million, and loss after tax was INR 275 million [9] - Capital expenditure during the quarter was INR 3,064 million, with a cash balance of INR 4,149 million at the end of the quarter [9] Business Line Data and Key Metrics Changes - Revenue split for the quarter: network services 41%, data center services 39%, and digital services 20% [8] - The data center business sold an additional 3 megawatts of capacity during the quarter [9] - The network services business grew by 16%, while data center services grew by 25%, and digital services experienced a decline of 30-35% [38] Market Data and Key Metrics Changes - Sify Technologies operates 1,196 fiber nodes across India, a 12% increase from the same quarter last year [9] - The company has deployed 9,992 contracted SD-WAN service points across the country [9] Company Strategy and Development Direction - The company is focused on aligning with India's digital transformation, emphasizing investments in hyperscale data centers, network expansion, and AI-ready platforms [6] - Sify Technologies aims to empower AI-led transformation and partner with innovative enterprises [10] - The company is also planning to build 10 to 12 edge data centers in tier two and tier three cities [18] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of fiscal discipline while strategically investing for long-term growth [8] - The company is optimistic about the future, expecting to see improvements in margins and growth in the network services segment [33][34] - Management acknowledged the challenges in the digital services segment but emphasized ongoing investments to remain relevant in the market [35][36] Other Important Information - The company is preparing for the IPO of Sify Infinite Spaces, which is seen as a way to access capital for growth in the data center colocation industry [20] - The company retains a substantial percentage of ownership in Sify Infinite Spaces, with exact figures to be determined post-IPO [21] Q&A Session Summary Question: Financial returns from the 3 MW deal and cost of capital - The project IRRs for the data center business have historically yielded returns above 20% [13] Question: Sales pipeline and competitive environment - The company is ready to expand and is well-positioned in the market despite competition [16] Question: Edge data center opportunities - Sify is building edge data centers and plans to expand into tier two and tier three cities [18] Question: Rationale for Sify Infinite Spaces IPO - The IPO is aimed at accessing capital to meet strong demand in the data center industry [20] Question: Ownership structure post-IPO - Sify will retain a substantial percentage of ownership in Sify Infinite Spaces [21] Question: Network services margin trends - The recent improvement in margins is expected to continue, with a target of returning to 20%+ margins [33][34] Question: Digital services segment performance - The decline in digital services is attributed to a shift in IT consumption models and ongoing investments for future relevance [35][36] Question: Impact of digital services losses on overall results - Losses in digital services have negatively impacted overall results, but the company is focused on reducing these losses [41][43] Question: Opportunities for existing shareholders in the IPO - The company has not yet considered specific opportunities for existing shareholders to participate in the IPO [46]