The earnings call highlighted strong revenue and network infrastructure growth, along with significant data center expansion, indicating positive business developments. However, these were weighed down by losses before and after tax, increased SG&A costs, and a loss in Digital Services due to strategic investments. The sentiment reflects a balanced outlook with substantial growth efforts impacted by current financial losses.
Company Guidance
During the Sify Technologies earnings call for the third quarter of fiscal year 2024-2025, several key financial metrics and strategic initiatives were discussed. The company's revenue for the quarter was reported at INR 10,491 million, marking a 21% increase from the same quarter last year. EBITDA rose by 13% year-over-year to INR 1,914 million. However, Sify reported a loss before tax of INR 119 million and a loss after tax of INR 258 million. Capital expenditure during the quarter amounted to INR 3,343 million, and the cash balance at the end of the quarter was INR 5,327 million. The revenue distribution for the quarter was 41% from Network Infrastructure Services, 36% from Data Center Colocation Services, and 23% from Digital Services. Notably, Sify commissioned an additional 5-megawatt of data center capacity. The company also highlighted its adoption of IFRS 18 for financial reporting and its investment in AI capabilities, with strategic plans to expand its data center and network infrastructure to support future growth.
Revenue Growth
Revenue was INR 10,491 million, an increase of 21% over the same quarter last year.
Data Center Expansion
Commissioned 5-megawatt of additional data center capacity during the quarter. Currently, there is a total installed capacity of 120-megawatt, with 110-megawatt contracted.
Network Infrastructure Expansion
Sify provides network infrastructure services via 1,109 fiber nodes, a 14% increase over the same quarter last year. Growth driven by investment in fiber network across 17 cities.
Sustained EBITDA Growth
EBITDA was INR 1,914 million, an increase of 13% over the same quarter last year.
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Sify Technologies (SIFY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SIFY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 17, 2025
$3.18
$2.89
-9.12%
Oct 22, 2024
$3.60
$3.63
+0.83%
Jul 23, 2024
$2.74
$2.80
+2.19%
Apr 22, 2024
$7.38
$7.14
-3.25%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sify Technologies Limited (SIFY) report earnings?
Sify Technologies Limited (SIFY) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is Sify Technologies Limited (SIFY) earnings time?
Sify Technologies Limited (SIFY) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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