Sify Technologies (NASDAQ:SIFY), a leader in India's digital ICT space, reported on April 13, 2026, a 13% increase in consolidated revenue for the fiscal year ended March 31, 2026.
The results highlight a year of aggressive infrastructure scaling, with significant gains in operating profit partially offset by high capital intensity and financing costs.
The group's revenue for the fiscal year reached INR 44,877 million, compared to the previous year's performance.
Operating momentum was particularly visible in EBITDA, which rose 31% year-over-year to INR 9,871 million.
Management attributed this growth to strong demand for colocation and cloud services as Indian enterprises accelerate their digital transformation initiatives.
Despite the operational gains, Sify recorded a loss after tax of INR 1,366 million.
The bottom-line pressure was primarily driven by elevated depreciation and finance charges associated with the company’s massive investment cycle.
CAPEX for the year stood at INR 13,282 million, as the firm continues to build out its hyperscale data center footprint across major Indian metros.
Data center momentum remained a core driver of the business.
Sify successfully sold 17MW of capacity during the fiscal year and has already contracted 81MW for delivery in FY 2026-27.
This pipeline reflects the surging demand for AI-ready infrastructure and cloud-connected facilities in the region.
As of March 31, 2026, the company's cash balance stood at INR 5,071 million, while net debt reached INR 33,534 million.
In addition to its infrastructure gains, Sify's network services segment saw continued expansion, ending the year with 1,224 fiber nodes—an 8% increase from the previous year.
The company also reached a milestone in its edge strategy, deploying over 10,340 contracted SDWAN service points nationwide.