Sify Technologies Ltd
NASDAQ:SIFY
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Sify Technologies Ltd
NASDAQ:SIFY
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Earnings Calls
Last Earnings Call
Revenue: Sify reported revenue of INR 12,352 million, up 15% from the same quarter last year, while adjusted EBITDA rose 42% to INR 3,005 million.
Profit: Profit for the quarter was INR 65 million, showing the company stayed profitable despite heavy investment spending.
Capacity buildout: The data center business sold 5 megawatts in the quarter, with 188 megawatts designed, 134 megawatts live, and about 100 megawatts expected to be delivered this fiscal year.
CapEx: Capital expenditure was INR 6,708 million and management said spending should be higher in the rest of the year as it prepares new capacity for customers.
IPO timing: On the planned Sify Infinit Spaces listing, management said bankers are still looking for the right market window and the company is ready whenever they advise moving ahead.
Margins: Management said the quarter's data center margin pressure was mainly a one-off from a power tariff revision at one facility, and that customer pass-through may come later.