Sify reports Consolidated Financial Results for Q2 FY 2026-27
Revenues of INR 13798 Million. Adjusted EBITDA of
INR 3131 Million. Profit for the period INR 40 Million.
CHENNAI, India, Oct. 28, 2026 (GLOBE NEWSWIRE) --
DETAILS OF EARNING CALL October 28, 2026 | 8:30 AM ET | 06:00 PM IST
Participant Dial in:
To join: +1- 877-545-0320 (Toll Free in the U.S. or Canada) or +1-973-528-0002 (International) | Access Code: 656813
On the call: Mr. Raju Vegesna, Chairman of the Board and Mr. M P Vijay Kumar, Executive Director & Group CFO
Live webcast: https://www.webcaster5.com/Webcast/Page/2184/54697
Replay: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Replay Passcode 54697
Replay is available until November 11, 2026
HIGHLIGHTS
MANAGEMENT COMMENTARY
Mr. Raju Vegesna, Chairman, said, “India's digital transformation is entering a phase of execution at scale. What was once a digital transformation agenda has now become a business imperative, with organizations investing in technology to improve productivity, resilience, and customer experience.
The country continues to benefit from a unique combination of progressive policy initiatives, expanding digital infrastructure, and a deep pool of technology talent. As AI adoption gathers pace, the need for secure, scalable, and interconnected digital infrastructure will become even more critical. This presents a significant opportunity for India to strengthen its position as a global technology and innovation hub.
At Sify, we continue to align our investments with these long-term trends. Our integrated portfolio of Data Centers, Networks, and Digital Services enables us to support customers as they modernize their technology environments and prepare for an AI-enabled future.
India is no longer preparing for the digital future—it is actively shaping it. Sify remains committed to building the infrastructure and capabilities that will help power this next chapter of growth.”
Mr. M P Vijay Kumar, ED & Group CFO, said, “We continue to strengthen our businesses through sustained investments in infrastructure, technology platforms and people, aligned with the evolving needs of our customers and the long-term opportunities in India's digital economy.
Our investment priorities remain focused on expanding our Data Center capacity, modernizing our network infrastructure, enhancing our cloud interconnect capabilities and strengthening the tools and platforms that support operational efficiency and customer delivery. Equally, we continue to invest in developing our people, building the skills and capabilities required to support emerging technologies and deliver consistent outcomes across our businesses.
These investments are being pursued alongside a continued emphasis on cost competitiveness, resource optimization and cash flow management. While capacity expansion and capability building have implications for depreciation, interest and manpower costs, we remain focused on ensuring that capital allocation is supported by sound financial planning, prudent risk management and long-term business objectives.
Our priority is to maintain a strong balance sheet and adequate financial flexibility while investing for sustainable growth and creating enduring value for our shareholders.
The cash balance at the end of the quarter was INR 5868 Million.”
BUSINESS HIGHLIGHTS
CUSTOMER ENGAGEMENTS
Among the most prominent new contracts were the following:
Network Services
Data Center Services
Digital services
Non-IFRS Measures
This press release contains a financial measure not prepared in accordance with IFRS. In particular, adjusted EBITDA is referred to as “non-IFRS” measure. The non-IFRS financial measure we use may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies - refer to the reconciliation provided in the table labelled Financial Highlights for more information. In addition, these non-IFRS measures should not be considered in isolation as a substitute for, or as superior to, financial measures calculated in accordance with IFRS, and our financial results calculated in accordance with IFRS and reconciliation to those financial statements should be carefully evaluated.
About Sify Technologies
A multiple times Golden Peacock award winner for Corporate Governance, and with AI at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging digital landscape and the resultant demands from large, mid and small-sized businesses.
Sify’s infrastructure comprising state-of-the-art data centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of large enterprises, start-ups and SMEs looking to scale.
Businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Security services and conduct their business seamlessly from across India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.
Sify, Sify Technologies, Sify Infinit Spaces, www.sifytechnologies.com and www.sifyinfinitspaces.com are registered trademarks of Sify Technologies Limited.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2026, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
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