India's Sify Technologies Q1 revenue, adjusted core profit rise

Sify Technologies

15/07/2026 12:40

Overview
India ICT services provider's Q1 revenue rose 15% yr/yr to INR 12,352 mln
Adjusted EBITDA grew 42% yr/yr to INR 3,005 mln
Company cites investment in digital infrastructure and demand for data center, network services

Outlook
Company continues to invest in capacity expansion and network modernization to address emerging demand
Sify says maintaining a strong balance sheet and financial flexibility remains a priority
Company expects AI adoption to drive demand for secure, scalable digital infrastructure in India

Result Drivers
CAPACITY EXPANSION - Co said investments in data center capacity, network modernization, and technology platforms supported growth
OPERATIONAL DISCIPLINE - Co said improved resource utilization and cost management contributed to results

Company press release: ID:nGNX7MGy0Z

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
 
INR 12.35 bln
 
Q1 Net Income
 
INR 65 mln
 

Analyst Coverage
Wall Street's median 12-month price target for Sify Technologies Ltd is $22.00, about 47.1% above its July 14 closing price of $14.96

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)