Sify Technologies Ltd. Q4 FY2025 earnings call

• Raju Vegesna highlighted India's emergence as a global growth hub with projected economic growth and digital initiatives. - M.P. Vijay Kumar mentioned commitment to cost efficiency and fiscal discipline, aligning strategies with long-term value creation. - Noted revenue splits, network infrastructure fiber nodes increase, and SDWAN service points. - Summarized financial performance including revenue, EBITDA, losses, and capital expenditure.

Revenue for the year was INR 39,886 million, an increase of 12% over last year. EBITDA was INR 7,562 million, an increase of 12% over last year. Loss before tax was INR 286 million, and loss after tax was INR 785 million. Capital expenditure for the year was INR 12,745 million. Revenue split by business: data center services 38%, network services 41%, digital services 21%. As of March 31, 2025, Sify provided services on the network infrastructure via 1,137 fiber nodes (a 10% increase over last year) and had 1870 contracted SDWAN service points across the country.

• Capital expenditure for fiscal '26 is marginally higher. - Two Greenfield data center facilities in Delhi and Chennai have gone live. - A new capacity in Mumbai is under construction and expected to go live in 12 to 18 months. - Data center revenues have a secular growth trend with recurring revenues, and one-time revenues in select quarters based on new customer requirements.

• Forward-looking statements subject to risks and uncertainties, including competitive developments and factors listed in SEC reports that could cause actual results to differ materially from forward-looking statements.

Q: Greg Burns asked about quarterly dynamics of segments, specifically network services decline and data center services dynamics.

A: M.P. Vijay Kumar said no revenue decline in network services but expenses for new capacities; data center revenues have secular recurring growth with one-time revenues in select quarters, and new data center facilities in Delhi, Chennai, with Mumbai capacity under construction.

Q: Jonathan Atkin followed up on demand mix for data centers, asking about drive by Indian enterprises vs international hyperscalers.

A: Raju Vegesna said short-term demand driven by international hyperscalers, but medium to long-term expected to see more Indian enterprise consumption; demand from hyperscalers remains from the same group; resources and pricing for data centers are stable, and construction timelines have improved slightly post-COVID.