Revenues of INR 44,877 Million. EBITDA of INR 9,871 Million.

Loss for the year INR 1,366 Million.

CHENNAI, India, April 13, 2026 (GLOBE NEWSWIRE) --

DETAILS OF EARNING CALL April 13, 2026 | 8:30 AM ET | 06:00 PM IST

Participant Dial in:

To join: +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International) | Access Code: 877273

On the call: Mr. Raju Vegesna, Chairman of the Board and Mr. M P Vijay Kumar, Executive Director & Group CFO

Live webcast: https://www.webcaster5.com/Webcast/Page/2184/53862

Archives: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Passcode 53862

Replay is available until April 27, 2026.

HIGHLIGHTS

   -- Revenue was INR 44,877 Million, an increase of 13% over last year. 
 
   -- EBITDA was INR 9,871 Million, an increase of 31% over last year. 
 
   -- Loss before tax was INR 941 Million. Loss after tax was INR 1,366 
      Million. 
 
   -- CAPEX for the year was INR 13,282 Million. 

MANAGEMENT COMMENTARY

Mr. Raju Vegesna, Chairman, said, "India's digital journey continues to accelerate with renewed clarity and purpose. The convergence of resilient infrastructure, progressive policy frameworks, and an increasingly innovation-driven enterprise ecosystem is positioning India as a cornerstone of the global digital space.

Enterprises today are moving beyond adoption to technology optimization. This evolution is not only strengthening businesses but also enabling inclusive growth, expanding opportunities across sectors and communities.

The recent Union Budget has recommended a tax holiday for foreign cloud players who utilize Indian data centers to serve global customers. This is expected to add to the tailwinds for domestic data center growth.

With sustained investments in digital infrastructure and such strong regulatory vision, India is reinforcing its credentials as technology hub. In this environment, Sify is uniquely positioned to partner with enterprises in their next phase of transformation, delivering integrated solutions that power growth and resilience.

I remain confident that our strategic direction, combined with India's enduring strengths, will enable us to play a pivotal role in shaping a future-ready digital ecosystem."

Mr. M P Vijay Kumar, ED & Group CFO, said, "Our businesses continue to deliver focused growth, with each unit capitalizing on its distinct market opportunities, attracting strategic investments, and building meaningful partnerships.

Our investment philosophy remains consistent and forward-looking--expanding our Data Center footprint into new and emerging locations for long-term growth, augmenting capacity at existing facilities to address immediate demand, and further strengthening our network and cloud interconnect ecosystem. In parallel, we continue to invest in our people, equipping them with the right skills, tools, and processes to drive innovation, efficiency, and customer success.

All these initiatives are being executed with a sharp focus on cost competitiveness, cash flow optimization, and fiscal discipline, ensuring that we maintain a strong financial foundation while supporting our growth ambitions.

In accordance with the Amendment Agreement to the Debenture Subscription Agreement with Kotak, the additional coupon payable on CCDs pursuant to the conversion as equity in February 2026 is recognised as expense in the Statement of Income.

We have received the final observations from SEBI on our DRHP for our Data Center subsidiary, Sify Infinit Spaces Limited, and will time the issue to a conducive market environment.

The cash balance at the end of the year was INR 5071 Million."

BUSINESS HIGHLIGHTS

   -- The Revenue split between the businesses for the year was Network 
      services 39%, Data Center services 39% and Digital services 22%. 
 
   -- Segment revenue for the year has increased by 12% in Network services, 
      23% in Data Center services and it has decreased by 2% in Digital 
      Services. 
 
   -- Segment results for the year have increased by 91% in Network services, 
      24% in Data Center services and it has decreased by 67% for Digital 
      Services. 
 
   -- The data center subsidiary sold 17MW of data center capacity in the year. 
      Cumulatively, sold capacity stands at 129 MW. 
 
   -- The business has contracted an additional 81MW to be delivered in FY 
      2026-27. 
 
   -- As of March 31, 2026, Sify provides services via 1224 fibre nodes, an 8% 
      increase over same quarter last year. 
 
   -- As of March 31, 2026, Sify has deployed 10340 SDWAN service points across 
      the country. 

CUSTOMER ENGAGEMENTS

Among the most prominent new contracts were the following:

Network Services

   -- Sify commissioned NLD capacity between Noida and Chandigarh and Hyderabad 
      and Chennai. 
 
   -- Sify was awarded a provisional approval that allows it to commence work 
      to land an incoming international sub-sea cable. 
 
   -- Sify was awarded a multi-terabit order on its national long-distance 
      network. 
 
   -- One of the largest global specialty generic pharmaceutical companies 
      signed up for a multiyear contract for interconnects to the cloud at 
      major DCs and branch network integration with Cloud backup solution. 
 
   -- One of the fastest growing digital-first mutual funds contracted for 
      network integration between data center, cloud and their offices. The 
      contract also involves integrating multi service provider network for the 
      customer to connect to a private cloud environment. 
 
   -- A private health insurance major contracted for network integration and 
      managed services using branch connectivity, SDWAN and SASE. 
 
   -- One of India's largest PSU Insurance players contracted for enhanced 
      network capacity in branch locations and integrated managed services 
      solutions. 

Data Center Services

   -- A global hyperscaler contracted for their largest single-building liquid 
      cooled capacity in the Indian subcontinent and another, signed up for 
      their first core capacity in India. 
 
   -- A global leader in cloud enterprise security provider has contracted to 
      expand their capacity with Sify. 
 
   -- Multiple contracts were also signed by a hyperscaler for their new 
      Availability Zone $(AZ)$ and by another for capacity expansion. 
 
   -- A US based multinational internet service provider entering India, 
      contracted with Sify for colocation space. 
 
   -- A private network service player moved from the competition to Sify's DC. 
 
   -- An AI native programming platform and a digital wallet platform moved 
      from their on-premise data center to Sify's data center. 
 
   -- The largest private sector bank signed a fresh contract to expand their 
      capacity. 
 
   -- A public sector has contracted to consolidate their DC, DR and NDR while 
      another has contracted for expansion of their capacity. 

Digital services

   -- The Cloud business signed its first North American customer for Private 
      Cloud services, marking a key milestone in global customer acquisition. 
 
   -- One of India's largest automotive finance company contracted to expand 
      its cloud footprint. 
 
   -- Among the country's oldest infrastructure players and a couple of private 
      health insurance majors contracted with Sify to move their data center 
      workload from on-premise to a hyperscale cloud. 
 
   -- A private microcredit entrant contracted to move their workload to Sify 
      cloudinfinit platform along with DRaaS. 
 
   -- A scheduled bank contracted for backup-as-a-service (BaaS). 
 
   -- A private health insurance major contracted for a complete rehaul of 
      hardware and licenses. 

FINANCIAL HIGHLIGHTS

 
Unaudited Consolidated 
Income Statement as 
per IFRS 
(in INR millions) 
----------------------  ----------  ----------  ----------  ------------ 
                            Quarter ended              Year ended 
     Description        March 2026  March 2025  March 2026    March 2025 
 
  Revenue                  12,025       9,699      44,877      39,886 
  Cost of Sales            (7,023)     (5,869)    (26,843)    (24,917) 
  Gross Profit              5,002       3,830      18,034      14,969 
  Other Operating 
   Income                     118          76         376         363 
  Selling, General and 
   Administrative 
   Expenses                (2,062)     (1,977)     (8,123)     (7,442) 
  Depreciation and 
   Amortisation 
   expense                 (1,968)     (1,558)     (7,274)     (5,633) 
  Operating Profit          1,090         371       3,013       2,257 
  Investment Income            11          76          34         188 
  Impairment loss on 
   Investment                   -           -         (26)          - 
  Profit before 
   financing and 
   income taxes             1,101         447       3,021       2,445 
  Finance income                -           -           1          13 
  Interest expenses on 
   borrowings and 
   lease liabilities       (1,259)       (762)     (3,950)     (2,742) 
  Interest expenses on 
   pension 
   liabilities                (10)          -         (13)         (2) 
  Profit/(Loss) before 
   income taxes              (168)       (315)       (941)       (286) 
                        ---------   ---------   ---------   --------- 
 
  Income Tax Expense         (204)       (263)       (425)       (499) 
 
  Profit/(Loss) for 
   the period                (372)       (578)     (1,366)       (785) 
                        ---------   ---------   ---------   --------- 
 
Profit/(Loss) 
attributable to: 
    Owners of the 
     Group                   (361)       (578)     (1,355)       (785) 
    Non-controlling 
     interest                 (11)          -         (11)          - 
 
Reconciliation with 
Non-GAAP measure 
---------------------- 
 
Profit/(Loss) for the 

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