India's Sify Technologies Q1 revenue, adjusted core profit rise
India's Sify Technologies Q1 revenue, adjusted core profit rise
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.)
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India's Sify Technologies Q1 revenue, adjusted core profit rise
Brief: Sify Technologies Limited Q1 Revenue INR 12,352 Million
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