India's Sify Technologies Q1 revenue, adjusted core profit rise
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Result drivers
- Capacity expansion - Co said investments in data center capacity, network modernization, and technology platforms supported growth
- Operational discipline - Co said improved resource utilization and cost management contributed to results
Q1 revenue and EBITDA rise
- India ICT services provider's Q1 revenue rose 15% yr/yr to INR 12,352 mln
- Adjusted EBITDA grew 42% yr/yr to INR 3,005 mln
- Company cites investment in digital infrastructure and demand for data center, network services
Outlook and investment plans
- Company continues to invest in capacity expansion and network modernization to address emerging demand
- Sify says maintaining a strong balance sheet and financial flexibility remains a priority
- Company expects AI adoption to drive demand for secure, scalable digital infrastructure in India
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
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| Q1 Revenue | | INR 12.35 bln | |
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Wall Street's median 12-month price target for Sify Technologies Ltd is $22.00, about 47.1% above its July 14 closing price of $14.96.
SPY
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India's Sify Technologies Q1 revenue, adjusted core profit rise - SIFY News | Rallies
