Sify Technologies (SIFY) Q1 2025 earnings summary

Executive summary

• Revenue grew 10% year-over-year to INR 9,421 million for Q1 FY2024-25, with EBITDA up 3% to INR 1,784 million and a loss after tax of INR 105 million, compared to a profit of INR 65 million in the same quarter last year.

• Significant capital expenditure of INR 2,656 million was made during the quarter.

• Management highlighted India's favorable regulatory and investment climate and the company's readiness to support digital transformation.

• The company is positioning itself as a digital transformation partner, leveraging infrastructure and managed services.

Financial highlights

• Revenue: INR 9,421 million, up 10% year-over-year.

• EBITDA: INR 1,784 million, up 3% year-over-year.

• Loss before tax: INR 46 million; loss after tax: INR 105 million.

• Capital expenditure: INR 2,656 million for the quarter.

• Cash balance at quarter-end: INR 6,471 million.

Outlook and guidance

• CapEx trend expected to continue at similar levels for the foreseeable future.

• Rights issue completed, providing sufficient liquidity and enhanced leveraging ability for expansion.

• Ongoing investment in network, data center capacity, and digital services talent.

• Fiscal discipline remains a central focus of strategy.