SIFY - Earnings call transcript Q1 2025 | Sify Technologies Limited

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Operator

Good morning, everyone, and welcome to Sify Technologies Financial Results for the First Quarter Fiscal Year 2024 to 2025. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Praveen Krishna of Sify Technologies. Praveen, over to you.

Praveen Krishna

Thank you, Jenny. extend behalf welcome of to our all like on participants Sify would a to warm of I Technologies Limited. the on M.P. joined call Raju by I'm Vegesna, today Chairman; Chief Group Vijay Director Limited. CFO; Executive Officer and Kumar, of and Kamal Executive Technologies Sify Nath,

the comments will there on for be Following opportunity questions. results, our an

Investor on A company's the by to website a replay a of +X(XXX) have Information numbers we'll release corporate XXX-XXXX, press do of on at you. you Investor please obtain accessed the release, release over press may provided section. Alternatively, you of in Information If copy be call not copy and one have our or the Weber section at in at the in the today's www.sifytechnologies.com. call the sent dialing webcast the Shandwick may

comparable of directly and will accordance non-GAAP measures most most to the are the accordance presented measures, the Some measures GAAP and comparable release with earnings of be non-GAAP between for include in the measures and of to made presentation such differences GAAP financial in according this previous the such somewhat the measures on call will and website. a Sify's and years. Sify's financial of calculated with GAAP in available in the calculated the during financial and A reconciliation announcements that non-GAAP and differ results year presented from were measures. the may referred IFRS made

forward-looking factors than facts, like uncertainties to Reform and respect this statements in that subject release forward-looking competitive differ but contained of reports of certain listed seeks I those rather differ risk Act lists in factors, risks variety on company's time described. continue, the cause SEC certain to to and identify described from factors Litigation materially including XXXX. historical would the from by actual the actual to principal in results the could releases. Those company public intended developments and materially that are to those time Private are call risks business. I to results like These could represent Mr. of complete the now we a risks from Securities a cause to intended include point company's Raju inherent Chairman? to such the to protection afforded statements, and With are all Sify and are that statements, uncertainties would out Vegesna, Before forward-looking introduce list Limited. and not conference Technologies to Chairman of earnings statements

Raju Vegesna

currently The destination key on our the both and phase broader Good and center This that Thank India you, the and pro-industry talent advancement is confidence should taxation partnerships environment us a investment for hub regulatory supportive landscape regulations, building investments wealth businesses. you investment benefit India's enterprises international Middle and enhance is economy. The Asia and interconnect as the between a norms network call. data of status pivotal joining skilled and Praveen. and accelerate in East. in of remarkable nation as a help driving positions morning, in for the and growth. thank combination of a a

position comprehensive Our uniquely services and robust Sify these infrastructure seize portfolio opportunities. to

services. As Sify initiatives, support innovative automation to digital them advance enterprises entities ready tools digital with transformation and government stands their and our and

Now I would, our Kamal? from business, CEO, on Kamal yes. Nath, here. Kamal, take the

Kamal Nath

Raju. Thank you,

frameworks to solutions. digital incorporate on multiple are transformative embark reconfiguring businesses transformation, As they IT their

operational protecting common ensuring the them end-user with agenda digital enhancing of resilience of assets. satisfaction, All and

effectively range capital significant offerings these Our and ambitions. allocations meet of designed are extensive to

of managed through our outcomes digital innovative journey. services transformation us provide their uniquely triad to capability infrastructure them support positions to Our and throughout

XX%. the between Digital quarter businesses at Center services XX% at Network for highlights for quarter. The Let the split the XX%, and me at colocation services now expand on Data the was business Revenue services

During the quarter, in Mumbai. Sify commissioned X.X megawatt capacity

Sify X,XXX services last XXXX, service service our on a year. XX, now nodes provides wins network is The points list XX% deployed same the X,XXX our connectivity June quarter has live the release, in SDWAN through press A recorded fiber now increase of key our across across over country, As country. of detailed the website.

Vijay, Director Vijay? on to in bring and me our Let CFO, for highlights Executive the financial Group the quarter. elaborate

M. Vijay Kumar

loss Thank classification you, The three Disclosure categories: IAS IFRS income everyone. Kamal. Good operating, Board’s and Financial of Statements. Presentation profit Statements expense The and Presentation International Accounting new replacing Standard of Accounting issued the XX X and Financial of morning, Standard statement and require recently investing, financing. into structure in

financing or before and presentation or and income loss profit profit subtotals And for tax. loss of operating

Standard company statements XXXX. All our live, presented with financial for no as Although which June new change release, periods in in with been ended press in prior effective Board the Accounting are the the income presented quarter currently an structure. have the date will to is There net begin or profit. accordance IFRS adhering its consolidated the XXXX, set International beginning XX, January X, XX total

during quarter increase tax Loss was the loss before same and over sum of financial briefly XX for quarter INR financial up me X% EBITDA last quarter the quarter X,XXX INR million. was of of an year after the XXX same year. X,XXX last INR XX% tax million. was year. Capital was X million, INR INR was Revenue an the million, over Let XXXX-'XX. increase expenditure performance million, X,XXX

now the The for center to his team the quarter services with and expanding sets at our our INR in focus to continue development and strategy. X,XXX adding by of learning both also in more metros and our network, was million. I continue Chairman the to hand and fiber our capacity, will invest remarks. closing Digital Fiscal initiatives. right the central will over skill discipline balance will Chairman? the end remain distance, people We be long cash strengthen investing terrestrial in data to and

Raju Vegesna

we In only year, listed you, for the company will be Indian continuously NASDAQ Thank on Vijay. years. become to October this the XX

us player services, being to and enjoy today in been partnership from infrastructure the in journey From satisfying. unique very partner, play, going provider scope invested the I reputation partner services India. beginning. only enterprise value of clients our retail to as ICG you of have only continuously transformation in broadened with new We is converged improved the version assure the and puts a has this Sify's forward. digital the

on I for joining hand will the us you this over now questions. call. Thank for operators

Operator

[Operator Instructions]

Burns Your & Company. first from question is coming of Greg Sidoti

Gregory Burns

intelligence What are India? hyperscalers? are from the within of any demand more yet? benefit primary you center demand you from drivers data Are artificial And seeing seeing

Raju Vegesna

that, me Greg. answer Let

lot demand yet going, those and But are are the taken is see hyperscalers discussions our there in to enterprises. the there as The So intelligence is lot way, what of enterprise coming is upcoming a of currently colocations. server hyperscalers still But people and is we hopes artificial -- is India things from you a are demand Long most of the move way rooms India businesses. not still off. and regular long to the are is to from see coming. go in future usual, AI, a the

Gregory Burns

data X.X you you give Okay. new the in the And commissioned of us for in Could quarter. guess, an I just the megawatts year terms capacity? mentioned, you on center road update map

Raju Vegesna

data up. Hyderabad we until And at Mumbai you road cannot think don't build give I I Chennai and centers, good centers, a data pipeline future, give this map data data have I our centers, capacities we enough any future, available point. but are the of building numbers a Noida are centers, can we

good are in. opportunities We coming a seeing trend of

Gregory Burns

capital Okay. for liquidity outlook And CapEx for full with needs to have the -- then your you the offering for And rights the this what is fund have enough year? the do the you completed, of year? remainder do

M. Vijay Kumar

Yes.

(sic) as far same So INR is I million, outlook points future. is, ] million concerned, went And capital X spent of Greg, which INR mentioned. X,XXX which as about mentioned. quarter which the by, X,XXX X, foreseeable the One continue the CapEx for you we will the trend just [ expenditure

it concerned, the of us well requirements And been far center ability rights raise of enhances from help capital system. as the will banking data capital the has As the Together, this done. as they as expansion leveraging infrastructure. meet network was successful, funding issue both our also the is

Gregory Burns

driving in services us Could little this the quarter? you lastly, maybe digital was segment then just more decline that And bit Okay. what the quarter. a color on declined give in

M. Vijay Kumar

project-based services the the next is are far about skill annuity-based started As sets. the years continue this to business We moving digitalization of as revenue for we meet building initiative an requirement. to And build concerned, will model. capacity from are couple we and X digital to India back years adequate enterprise

will which we India people process We that through relevant sets, will the for skill a initiatives of continue supporting have so to put enterprise. adequate add and digitalization them training be

Gregory Burns

that Was a models Okay. center or little segment number And add onetime build growth in to bit is quarter data one The in then kind of off a accelerated one. the of? quarter. other there anything I'll this our good the

M. Vijay Kumar

It this. There recurring. Yes. in is is onetime no

Operator

hand [Operator the any Instructions] now come other questions for seeing back can I'm not over remarks. I the closing to management any into team queue.

Raju Vegesna

Thank you. Thank interacting time you this call. the great day. We you look for to you. with forward on Have Thank year. your a through

Praveen Krishna

Jenny. you, Thank

Operator

today's Thank you. conclude does This call.

have wonderful day. Thank You may now a for participation. your phone your disconnect lines, and you

Sify Technologies Limited (SIFY) 23 Jul 242025 Q1 Earnings call transcript