Sify reports 13% revenue growth in FY26; losses narrow despite heavy investments

NEW DELHI: Sify Technologies Limited has announced its consolidated financial results for FY 2025–26, delivering strong growth in revenue and operating performance, supported by continued expansion in digital infrastructure.

The company reported revenue of ?44,877 million, registering a 13% year-on-year increase, while EBITDA grew 31% to ?9,871 million, reflecting improved operational efficiencies and demand across its core segments.

Despite the strong topline and EBITDA performance, Sify reported a loss before tax of ?941 million and a net loss of ?1,366 million, primarily due to higher investments and financial costs. The company also undertook capital expenditure of ?13,282 million during the fiscal to strengthen its infrastructure footprint.

Chairman Raju Vegesna said India’s digital ecosystem is witnessing accelerated growth driven by robust infrastructure, progressive policy support, and an innovation-led enterprise landscape. He noted that enterprises are increasingly transitioning from technology adoption to optimization, unlocking broader economic value.

Highlighting policy support, he pointed to the Union Budget’s proposal of tax incentives for foreign cloud companies leveraging Indian data centres, which is expected to further boost domestic infrastructure growth.

Executive Director & Group CFO M P Vijay Kumar said the company continues to invest in expanding its data centre footprint, enhancing capacity, and strengthening its network and cloud ecosystem. He emphasized a disciplined approach to cost management, cash flow optimization, and long-term value creation.

He also noted that Sify has received final observations from Securities and Exchange Board of India (SEBI) on the draft red herring prospectus (DRHP) of its data centre subsidiary, Sify Infinit Spaces Limited, and will time the issue based on favourable market conditions.

Key Highlights

  • Revenue: ?44,877 million (+13% YoY)
  • EBITDA: ?9,871 million (+31% YoY)
  • Loss Before Tax: ?941 million
  • Loss After Tax: ?1,366 million
  • CAPEX: ?13,282 million
  • Cash Balance: ?5,071 million

Sify’s continued investments in data centres, cloud, and network infrastructure, coupled with a supportive policy environment, position the company for long-term growth as demand for digital services accelerates across sectors.