Welcome to our dedicated page for Sify Technologie news (Ticker: SIFY), a resource for investors and traders seeking the latest updates and insights on Sify Technologie stock.
Sify Technologies Limited (NASDAQ: SIFY) serves as a leading integrated ICT solutions provider, delivering network connectivity, data center infrastructure, and digital transformation services across India and global markets. This news hub provides investors and business stakeholders with timely updates on corporate developments directly impacting Sify's market position and operational strategy.
Access comprehensive coverage of earnings announcements, strategic partnerships, technology deployments, and leadership updates. Our curated news collection simplifies tracking Sify's progress in key focus areas including enterprise cloud services, managed network solutions, and cybersecurity innovations.
Key content categories include quarterly results analysis, major contract awards, infrastructure expansion announcements, and regulatory filings. All materials are sourced from official company communications and verified financial channels to ensure reliability.
Bookmark this page for streamlined access to Sify's latest business milestones. Combine these updates with our detailed company profile and market analysis tools available on Stock Titan for informed decision-making.
Sify Technologies has reported its FY 2024-25 financial results, showing revenue growth of 12% to INR 39,886 Million and EBITDA increase of 12% to INR 7,562 Million. However, the company recorded a loss after tax of INR 785 Million.
The revenue distribution across business segments was: Data Center services (38%), Digital services (21%), and Network services (41%). The company expanded its infrastructure with 1,137 fiber nodes and 1,870 SDWAN service points nationwide.
Key financial metrics include: CAPEX of INR 12,745 Million, cash balance of INR 6,836 Million, and total borrowings of INR 35,541 Million. The company faced headwinds from depreciation, interest expenses, and rising manpower costs, while maintaining focus on cost efficiency and fiscal discipline.
Sify Technologies (NASDAQ: SIFY), India's leading Digital ICT solutions provider, has scheduled to release its unaudited IFRS financial results for the fiscal year 2024-25 (ended March 31, 2025) on April 18, 2025.
The company will host a conference call on April 21, 2025, at 8:30 AM ET, featuring Chairman Raju Vegesna and Executive Director & Group CFO M P Vijay Kumar. The call will be accessible via toll-free numbers in the U.S. and Canada (+1-888-506-0062) or internationally (+1-973-528-0011) with access code 680924.
A simultaneous webcast will be available on Sify's investor relations website. The conference call replay will be accessible until April 28, 2025.
Sify Technologies reported Q3 FY 2024-25 financial results with revenues of INR 10,491 Million, marking a 21% increase year-over-year. The company's EBITDA reached INR 1,914 Million, up 13% compared to the same quarter last year. However, Sify recorded 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. Management highlighted India's growing prominence in the global marketplace, citing liberal policies, supportive business environment, and skilled resources as key drivers. The company acknowledged that current results were impacted by depreciation, interest payments, and rising manpower costs.
Sify Technologies (NASDAQ: SIFY) has scheduled the release of its unaudited IFRS financial results for the Third Quarter ended December 31, 2024, on Friday, January 17, 2025, before market opening. The company will host a conference call at 8:30 AM ET featuring Chairman Raju Vegesna and Executive Director & Group CFO M P Vijay Kumar.
Participants can join via phone (+1-888-506-0062 for U.S./Canada toll-free, +1-973-528-0011 for International) or through live webcast at sifytechnologies.com/investors. A replay will be available until January 24, 2025, accessible by phone (+1-877-481-4010 U.S./Canada toll-free, +1-919-882-2331 International) using passcode 51869.
Sify Technologies (NASDAQ: SIFY) announced the inauguration of a new Data Center built for the Supreme Court of India on November 07, 2024. The facility was inaugurated by the 50th Chief Justice of India, Shri Dhananjaya Yeshwant Chandrachud, along with other Supreme Court justices.
The Smart-Rack-Row, Concurrently Maintainable Data Center represents the Supreme Court's latest initiative to modernize its operations and reduce dependency on legacy systems. This project aligns with the judiciary's broader digitalization efforts, marking a significant milestone in the Supreme Court's technological advancement.
Sify Technologies (NASDAQ: SIFY) has announced a partnership with Cisco ThousandEyes, a software tool for managing digital experiences across internet and cloud. The collaboration combines Sify's expertise in managed services and data centre solutions with Cisco's advanced networking capabilities.
The integration provides enhanced visibility through detailed insights into application performance and user experience by monitoring network paths, internet routing, and SaaS application performance. Sify's Managed Network Services (MNS) offers infrastructure, networking, and automation skills to help enterprises develop future-ready network strategies and manage complex networks.
Sify Technologies (NASDAQ: SIFY) has launched GPU Cloud CloudInfinit+AI Platform, offering GPU-as-a-Service (GPUaaS). The platform provides cloud-based access to Graphics Processing Units on a pay-as-you-go basis, supporting compute-intensive tasks like machine learning, deep learning, and data analytics. Key features include scalability, accessibility for startups and small businesses, and cost-effectiveness through a subscription model. Sify recently became India's first NVIDIA DGX-Ready Data Center certified provider for liquid and air cooling, positioning itself to support hybrid cloud deployments with low-latency interconnect to hyperscale clouds.
Sify Technologies reported its Q2 FY 2024-25 consolidated financial results, showing strong growth. Revenue increased by 17% to INR 10275 Million, while EBITDA grew by 29% to INR 1963 Million compared to the same quarter last year. The company's profit after tax was INR 49 Million.
Key highlights include:
- CAPEX of INR 2594 Million during the quarter
- Commissioning of 6.5 MW Data Center capacity in Mumbai
- Revenue split: Data Center colocation services 32%, Digital services 32%, Network services 36%
- 1069 fiber nodes across India, a 12% increase year-over-year
- 10057 SDWAN service points deployed nationwide
Management emphasized India's emergence as a global ICT hub and Sify's strategic investments in infrastructure and services to support enterprise digital transformation.
Sify Technologies (Nasdaq: SIFY) has regained compliance with Nasdaq's minimum bid price requirement for continued listing. The company received a notification letter from Nasdaq on October 18, 2024, confirming that the matter is now closed. This follows a previous notification in July 2024 that Sify was not in compliance as its American Depositary Shares (ADSs) had closed below $1.00 for 30 consecutive business days.
To address this, Sify implemented a 1-for-6 ratio change of its ADSs effective October 4, 2024. Subsequently, the company's ADSs maintained a closing bid price at or above $1.00 for 10 consecutive business days from October 4 to October 17, 2024, thus meeting Nasdaq's Listing Rule 5550(a)(2) requirements.
Sify Technologies (NASDAQ: SIFY), India's leading Digital ICT solutions provider, has announced it will report its unaudited IFRS financial results for the Second quarter ended September 30, 2024 on Tuesday, October 22, 2024 before the market opens. The company will host a conference call at 8:30 AM ET with key executives including Chairman Raju Vegesna, Executive Director & Group CFO M P Vijay Kumar, and CEO Kamal Nath.
Interested parties can participate by dialing +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International). The call will be simultaneously broadcast live over the Internet at www.sifytechnologies.com/investors. A replay will be available until October 29, 2024, by dialing +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International) with passcode 51465.
