Sify Technologies Ltd. Q3 FY2025 earnings call

• India's growing prominence in the global marketplace and its potential as an AI test bed were highlighted. - Focus on cost efficiency and fiscal discipline with strategic investments in people and capabilities for AI. - Adopted IFRS 18, restating December 2023 numbers. - Commissioned 5-megawatt of additional data center capacity, had 1,109 fiber nodes for network infrastructure (a 14% increase YOY), and 9,473 units of contracted SDWAN service points. - Financial performance details: revenue up 21% YOY, EBITDA up 13% YOY, etc. - Repositioning to cater to AI workloads in the next quarter.

For the third quarter of Fiscal Year 2024-2025, revenue was INR 10,491 million, an increase of 21% over the same quarter last year. EBITDA was INR 1,914 million, an increase of 13% over the same quarter last year. Loss before tax was INR 119 million and loss after tax was INR 258 million. Capital expenditure during the quarter was INR 3,343 million and cash balance at the end of the quarter was INR 5,327 million. The revenue split by segments was Network Infrastructure Services 41%, data center colocation services 36%, and digital services 23%.

• Repositioning Sify to cater to AI workloads in the next quarter. - Expecting enterprise players to seek mature network, data center, and digital businesses.

• Forward-looking statements are subject to risks and uncertainties, including competitive developments and factors listed in the company's SEC reports.

Q: Can you give more color about GPU as a service offering, how it fits into broader cloud services solutions and demand for that service?

A: Sify has a cloud platform called Cloud Infinite supporting CPUs and is extending it to GPU. Just started with POCs for Indian enterprises, with interest seen in BFSI and manufacturing sectors.

Q: Update on data center capacity, number of operational data centers, commissioned megawatt, and future plans?

A: Currently have 120-megawatt installed and commissioned capacity (110-megawatt contracted), 12 facilities across six cities. Two facilities of 26-megawatt each coming live soon, and four more in Mumbai at advanced stage of development.

Q: On wealth creation and upcoming facilities like Rabale?

A: Focus on building business relevant to digital infrastructure and AI initiatives. Rabale has five operational facilities, first four fully occupied, fifth almost fully contracted. Four more facilities in Rabale under construction to go live by end of calendar year.