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Jan 12, 2026 12:00 PM

Sify reports Consolidated Financial Results for Q3 FY 2025-26

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

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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/Page/2184/53449.

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Replay is available until January 20, 2026.

 

HIGHLIGHTS

Revenue was INR 11596 Million, an increase of 11% over the same quarter last year.

EBITDA was INR 2470 Million, an increase of 29% over the same quarter last year.

Loss before tax was INR 257 Million. Loss after tax was INR 329 Million.

CAPEX during the quarter was INR 3452 Million.

MANAGEMENT COMMENTARY

Mr. Raju Vegesna, Chairman, said, "India's growth story has moved decisively from promise to performance. Strong economic fundamentals, policy continuity and accelerating digital adoption are positioning India as a central pillar in the global technology ecosystem. Indian IT is entering a new phase—one defined not only by scale, but by leadership in digital infrastructure, cloud, and AI-led innovation.

"As enterprises and governments intensify their focus on AI, cloud, and data-driven platforms, demand for secure, high-performance, and sovereign digital infrastructure is rising rapidly. At Sify, our strategy is aligned with this inflection point through sustained investments in hyperscale data centers, resilient networks, and AI-ready platforms, positioning us to enable the next decade of enterprise transformation in India."

Mr. M P Vijay Kumar, ED & Group CFO, said, "We continue to exercise fiscal discipline while making measured investments to strengthen our long-term capabilities. Our capital allocation across data centers, networks and digital platforms remains guided by a disciplined approach to risk and future readiness, with a focus on long-term value creation.

"The cash balance at the end of the quarter was INR 3627 Million."

BUSINESS HIGHLIGHTS 

The Revenue split between the businesses for the quarter was Network services 37%, Data Center services 40% and Digital services 23%.

Since June 30, 2025, Sify sold 12.16MW of additional Data Center capacity.

As of December 31, 2025 Sify provides services via 1214 fibre nodes, a 9% increase over same quarter last year.

As on December 31, 2025, Sify has deployed 9695 SDWAN service points across the country.

CUSTOMER ENGAGEMENTS

Among the most prominent new contracts during the quarter were the following:

Network Services

India's largest stock exchange contracted for interconnection to the cloud to provide last mile services to Capital Market members.

A private insurance MNC signed up for a Network management and SDWAN deployment.

Sify contracted an international bank for international and domestic connectivity services.

The largest private domestic airport manager signed up for WAN services for their new international airport in India.

Data Center Services

One of the India's largest shares brokering firms contracted to move their capacity from a competitor DC.

One of India's leading diversified financial services major and a subsidiary of the largest bank in India contracted to move their on-premise DC.

The umbrella corporation that facilitates digital payments in India signed up to modernize and expand their capacity with liquid-cooling solutions for their GPUs.

A subsidiary of the Central bank and an Indian multinational technology company signed up to expand capacity.

Digital Services

Sify contracted an Indian multinational, a private insurance MNC, a private commodities major, a digital payments enabler, a welfare arm of a state government and a private health major for greenfield Cloud implementation; these clients also contracted for services like DRaaS, PaaS and IaaS.

The central government's digital payments enabler, a state government's technology arm, a private insurance major, another state government's electronics subsidiary and a private financial major contracted for managed services.

A private IT player contracted for a Security Operations Center (SOC).

The country's largest private health major contracted to enable a hyperscaler's cloud platform.

 

 

 

 

 

FINANCIAL HIGHLIGHTS

 

 

 

 

 

 

Unaudited Consolidated Income Statement as per IFRS

 

 

 

 

(In INR millions)

 

 

 

 

Description

Quarter ended

 

Quarter ended

 

Quarter ended

 

 

Dec 2025

 

Dec 2024

 

Sep 2025

 

 

 

 

 

 

 

 

 

 

 

Revenue

11,596

 

10,491

 

10,533

 

 

Cost of Sales

(6,952

)

(6,725

)

(6,294

)

 

Gross Profit

4,644

 

3,766

 

4,239

 

 

Other Operating Income

93

 

64

 

81

 

 

Selling, General and Administrative Expenses

(2,172

)

(1,845

)

(1,871

)

 

Depreciation and Amortisation expense

(1,888

)

(1,446

)

(1,740

)

 

Operating Profit

677

 

539

 

709

 

 

Investment Income

7

 

52

 

16

 

 

Impairment loss on Investment

-

 

-

 

(4

)

 

Profit before financing and income taxes

684

 

591

 

721

 

 

Finance income

-

 

19

 

-

 

 

Interest expenses on borrowings and lease liabilities

(940

)

(729

)

(914

)

 

Interest expenses on pension liabilities

(1

)

-

 

(1

)

 

Profit/(Loss) before income taxes

(257

)

(119

)

(194

)

 

 

 

 

 

 

Income Tax Expense

(72

)

(139

)

(81

)

 

 

 

 

 

 

Profit/(Loss) for the period

(329

)

(258

)

(275

)

 

 

 

 

 

 

Profit attributable to:

 

 

 

 

Reconciliation with Non-GAAP measure