India's Sify Technologies Q3 revenue rises, helped by growth in digital infrastructure demand

Sify Technologies

12/01/2026 13:55

Overview

India ICT service provider's Q3 revenue rose 11% yr/yr to INR 11,596 mln

EBITDA increased 29% yr/yr to INR 2,470 mln

Company reported a net loss after tax of INR 329 mln for Q3

Outlook

Sify aligns strategy with rising demand for digital infrastructure

Company focuses on AI, cloud, and data-driven platforms

Sify invests in hyperscale data centers and AI-ready platforms

Result Drivers

DIGITAL INFRASTRUCTURE DEMAND - Sify attributed increased demand for digital infrastructure to India's economic growth and digital adoption, aligning with AI and cloud service needs

STRATEGIC INVESTMENTS - Co's strategy involves sustained investments in hyperscale data centers and AI-ready platforms to support enterprise transformation

FISCAL DISCIPLINE - Sify emphasized fiscal discipline and strategic capital allocation to strengthen long-term capabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
INR 11.60 bln
Q3 Net Income
-INR 329 mln


Analyst Coverage

Wall Street's median 12-month price target for Sify Technologies Ltd is $22.00, about 46.8% above its January 9 closing price of $14.99

Press Release: ID:nGNX5rj5qW

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)