Sify Technologies Limited Q1 FY 2026-27 Earnings Release
Sify Technologies Limited announced its consolidated financial results for the first quarter of fiscal year 2026-27, ending June 30, 2026. The company reported revenues of INR 12,352 million, a 15% increase compared to the same quarter last year. Adjusted EBITDA grew by 42% to INR 3,005 million. Profit for the period was INR 65 million. Capital expenditure during the quarter was INR 6,708 million. The revenue breakdown by segment was: Network Services (39%), Data Center Services (42%), and Digital Services (19%). The company highlighted significant new contracts in Network Services, including those with international banks and an e-commerce provider. In Data Center Services, key wins involved transitions from competitors and moves to Sify's facilities. Digital services saw contracts for cloud platforms, managed services, and security operations centers. Sify continues to invest in capacity expansion and network modernization to support AI, cloud, and data-intensive workloads, while maintaining a focus on cost management and financial flexibility. The company ended the quarter with a cash balance of INR 4,597 million.