SIFY - Earnings call transcript Q3 2025 | Sify Technologies Limited

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Operator

Good morning, everyone, and welcome to the Sify Technologies Financial Results for the Third 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. Praveen, the floor is yours.

Praveen Krishna

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

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

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

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

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

Raju Vegesna

global this their record in Praveen. in regarding opportunity a long factors and These an investment you, for narrative a a expansion supportive that map. the create India service important on being on global the Thank growing is the India's AI can the now of be established that also wealth emerging maturity for driven Multiple international has in a destination compelling India the provider bed it's of to by gone for combined us to market have morning, and global prominence test an -- IT for now reputation Good marketplace critical business resources. joining call. is making skilled plans. India policies, thank you a companies, environment growth liberal strategic their world, digital recognize leaders Indian maturing importance economy. that road

and now to financial Kumar, and me both Vijay? M.P. Director explain Let our Vijay bring Mr. CFO, Group Executive highlights. business the

M. Vijay Kumar

long-term aligned happy and stay a our fiscal Good and you Year. wish Thank value efficiency very on strategies New focused with all discipline, financial all, creation. to you, morning Chairman. ensuring We cost

and for our interest weighed for financing. Our by opportunities, current results capabilities are for expansion investment in the AI people, people down building with payouts depreciation

anticipate approach forward-looking growth. sustainable drive a by evolving guided are market and investments strategic designed Our to dynamics

adopting the statements, standard, and adopting June practices. We financial sustainable disclosure last growth starting of clarity recent and quarter By to responsible XXXX. XX, International presentation ending financial IFRS in new in we Standards standard the new Accounting and seek will communications. draw of be strengthened consistency the with such our XX, to pursuit maintain through your innovative issuance Sify Our Board, attention of

while our no XXXX net may total Importantly, XX, is Form are December presentation consequent alteration change, filing numbers in SEC on The of January amended profit. XXXX. there or income restated with to XX-F/A

Center business quarter. now the the highlights split quarter Services me Let for XX%, expand XX%, on Network Digital businesses the Services and between XX%. revenue Data for The Colocation Infrastructure Services was the

During additional capacity. data center the quarter, of X-megawatt Sify commissioned

XX% quarter As of a nodes December infrastructure year. across same increase XXXX, XX, Sify the the fiber provides last services country, X,XXX over via network

XX, of key press wins units our our our detailed As points is XXXX, A of service SD-WAN the release, X,XXX of December in on contracted website. live list now Sify across recorded has country. deployed

before cash tax quarter end expenditure after at was his was was balance the year. million. INR increase Capital briefly an XXX the to XX, our was INR same sum million, over for Chairman the Loss INR EBITDA X,XXX me for INR the closing performance financial quarter now remarks. of year Loss same the over year. million. I Revenue Let XXX of increase X INR INR financial XXX X,XXX tax of X,XXX last hand XXXX, quarter was during up quarter of million, XX% million. was the XXXX. over Chairman? will million. last The XX% quarter an

Raju Vegesna

Kumar. Thank Vijay you,

to of will the to the the joining enterprise who over The will should a questions. I center up services set players next Over of our hand coming to are now for you Operator? for quarter, on operator mature our seek that businesses. Thank network, you call. workloads data new the and maturity will us in the we see draw Sify course cater AI of country. repositioning itself digital

Operator

question from is coming Burns of Instructions] Your first Company. & [Operator Sidoti Greg

Gregory Burns

as broader maybe little solutions give just your how a service? you into bit about what GPU demand more services service Can of us seeing offering, you're for your that that kind maybe fits cloud a and color

Raju Vegesna

already is platform which the have we Greg, way, CPUs. Infinite, a Cloud called the cloud So supports

for decade. a thing We than are doing this more

support it that extending to platform extend are we the cloud of also. to GPU So

So still nascent are in how is market POCs And of customers the we especially very interest, the are and the any stage. getting doing we assess prediction market and just I manufacturing a big but least, cannot a some market. But some is for interest. And have started, enterprises. couple starting in seeing interest showing don't of and I'm BFSI growth interesting we at sector. I enterprise some -- Indian seeing

Gregory Burns

give terms your months in terms us in are of center of data power, the I then come what And either of Great. online How of then update operational? megawatt maybe guess, or to maybe And from has forward that capacity. an commissioned. been XX center the maybe over you much megawatt on Could Okay. data just maybe centers capacity you're number a data capacity. looking next a currently

M. Vijay Kumar

already Yes, customers capacity contracted have have and already we who facilities. is with installed into Greg, is and which commissioned currently XXX-megawatt the which the about for of come XXX-megawatt,

are about live. will four cities. capacities, next going also which year We go or are Mumbai, months, are this will a stage facilities XX-megawatt on of are development. advanced customers' they development, be by needful little And which should capacity, which live at Hopefully, And of each, which designed that, based facilities a earlier, a this, under capacity. Apart commission facilities within we have calendar the live. up X have XX are other coming reasonably to the which across are there end in going two addition there inflow from the few which in of

We will publish the couple maybe details down the a status, line. their of of quarters

Gregory Burns

number this significant of in then modeling? SG&A, terms And Or growth build to in there? in onetime pretty a of your Great. good terms quarter. that is off there anything Okay. Is of is

M. Vijay Kumar

the the are businesses. our it's we have What team across a For model. time to good being, is leadership done we strengthening number

will current for remain as level to you period the So see forthcoming the well. SG&A of

Gregory Burns

Okay. driving posted this loss And Digital Services quarter. that? What was a

M. Vijay Kumar

Yes.

had we -- that And mix it our that a is efforts within importantly, in bit team get of revenue So more most change. is leadership by business. a little particular driven loss to business,

business As leadership. a the team of level, know, combination reskilling but at just technology the the and the requires delivery upskilling business also organization and you building not

quarters So ready and we those we for in be the we foreseeable little in investing a started coming for have invest we opportunities couple Maybe to want future because will a opportunities. of that. more see

Gregory Burns

Okay. detail growth what's just the was network it in -- do -- is Could side growth on kind the expecting. expect of the strong then pretty demand you services were driving that you lastly, stronger to continue? business? And that than And the we of

M. Vijay Kumar

Yes.

the year, growth X the same between by have driven we line is the last last done So infrastructure wired over years. investment and quarter this year

So last that to investment starting pay X now is years, off.

the support also to all digitalization, capacity will fiber in require about enterprises growth. And consume. we wired is done happening cities. Greg, the infrastructure, line cities, important, network AI is continue potential it these have the the And and and networks should to for workloads, We in densify our also equally increased which substantial with will XX

this levels. Jennifer? driven the growth preparing enterprises for particular consumption such So by is

Operator

[Operator investor. Instructions] [indiscernible], is next The from questions a coming private

Praveen Krishna

line Jennifer, you have repeated, clear. question not of the caution, is Could word just a please? the

M. Vijay Kumar

somewhere connecting she's inside. think I

Unknown Attendee

everybody. evening, you Can Good hear me?

Raju Vegesna

and Yes, Yes. clear. loud

Unknown Attendee

shape all, year-over-year. great and congratulations metrics demand. a the address management and First building right of team improving for Company the future a to the is infrastructure in some great of

would any any be a So movement didn't compared individual the forward-looking specifics. But once I returns? of good interested on right? go through congratulations wider eventually, the in to what also to participation So price creation, about the year-on-year, being investors talking from held widely done statements, that get some set or and investors numbers again, without is investor wealth in address a more be would to question first generate a stock

M. Vijay Kumar

right, I Yes. get did Srikanth, Srikanth? your name

Unknown Attendee

Correct.

M. Vijay Kumar

family time Yes. you you wish very your and call happy the your New a Thank Year. on for and

of relevant on continue which build effort there to AI geared regarding to which are is digital all happening, Thanks expansion shareholding the are we wealth business enterprises are this point focused initiatives all to time. with side. the in as at particularly to. And concerned, kind As concerned -- specific getting infrastructure the stay far terms creation, in to the stay the is initiatives of our no the changes

IR team there engaged see the be with continues U.S. there take something participation. how our is However, of Investor note observation. We evaluated to be let's that. through Relations in can stay to think active particularly on if And community, more your to

Unknown Attendee

Okay.

largest or -- question be in one it be taking official prelaunch, Okay. growth. official the like opening Rabale One -- it of the it customers? Has upcoming on Or any are customers? been an will is facilities. any the already just will is of other announcement it's taking know I facility there the you

M. Vijay Kumar

the of are Rabale all the almost And No. campus facilities one occupied. is facilities, The are are facilities five as and facilities facilities operational first there The the operational. -- months now, which are of which fully back. four occupied. there, last last Rabale, are in contracted X also all fully the about the

of won't what live currently, launch and which in So we the likely on these facilities investor more be under which are is will calendar there. or in four we communication in there any most to fresh do. about by go conversation, end there limited this market that. And And Rabale our construction, on itself, year do around communication our facilities website which are

Operator

[Operator Instructions]

M. Vijay Kumar

your remarks. can you today. time the give maybe Sir, of voice Jennifer's most concluding is cracking

Raju Vegesna

And Thank Thanks time. Thank your as have a to results. we are update you. quarterly the continuously good we're going day. And making for you.

M. Vijay Kumar

much. very you Thank

Sify Technologies Limited (SIFY) 17 Jan 252025 Q3 Earnings call transcript