Sify reports Consolidated Financial Results for FY 2024-25

Core Insights - India's emergence as a global growth hub is a current reality, with projections indicating it will become the third-largest economy by 2030-31, growing at an annual rate of 6.7% according to S&P Global [4] - The growth is supported by liberal economic reforms, a vibrant startup ecosystem, and a demographic dividend, with over 1.2 billion mobile phone users and the second-largest internet user base globally [5] - Government initiatives like 'Digital India' and 'Startup India' have accelerated tech innovation, leading to over 100 unicorns in India, positioning it as a significant growth opportunity for global enterprises [6] Financial Performance - Revenue for the year was INR 39,886 million, reflecting a 12% increase compared to the previous year [8] - EBITDA was INR 7,562 million, also a 12% increase year-over-year [8] - The company reported a loss after tax of INR 785 million, with a loss before tax of INR 286 million [8][13] Business Highlights - Revenue distribution for the year was as follows: Data Center services 38%, Digital services 21%, and Network services 41% [9] - As of March 31, 2025, the company operates 1,137 fiber nodes, a 10% increase from the previous year, and has deployed 1,870 contracted SDWAN service points across the country [9][10] Management Commentary - The Chairman emphasized the importance of cost efficiency and fiscal discipline, while also acknowledging the challenges posed by depreciation, interest expenses, and rising manpower costs [6] - The Group CFO highlighted the commitment to invest in resilience and operational agility to capture emerging opportunities [6] Customer Engagements - Significant new contracts were signed across various sectors, including data center services, digital services, and network services, indicating strong demand for the company's offerings [12]