Welcome to our dedicated page for Sify Technologie news (Ticker: SIFY), a resource for investors and traders seeking the latest updates and insights on Sify Technologie stock.
The Sify Technologies Limited (NASDAQ: SIFY) news page on Stock Titan aggregates company announcements, earnings releases, and regulatory updates related to this India-focused ICT services provider. Sify’s disclosures emphasize its three core businesses: Network Services, Data Center Services and Digital Services, with cloud at the center of its solutions portfolio for enterprises and institutions.
Investors following SIFY news can review quarterly IFRS financial results, including revenue, EBITDA as a non-IFRS measure, and segment performance across network connectivity, data center colocation and digital/IT services. Earnings releases also include management commentary on India’s digital transformation, infrastructure investments, and the company’s capital allocation across data centers, networks and digital platforms.
Beyond financial results, Sify’s news flow covers customer engagements and contract wins across sectors such as financial services, payments, logistics, healthcare, manufacturing and government entities. Examples in recent updates include WAN and SD-WAN deployments, MPLS and cloud interconnects, data center migrations, disaster recovery projects, cloud implementations and managed security services.
News items also highlight developments at subsidiaries like Sify Infinit Spaces Limited, which focuses on data center colocation and has filed a draft red herring prospectus for a proposed IPO in India, and Sify Digital Services Limited, which handles digital and IT services. Board appointments, governance recognitions such as Golden Peacock awards, and SEC filings on topics like regained Nasdaq compliance and capital structure changes are also reflected.
By monitoring this page, readers can track how Sify’s network, data center and digital businesses evolve over time, how management frames the company’s role in India’s digital economy, and how corporate actions and regulatory disclosures may shape the SIFY investment narrative.
Sify Technologies Limited (NASDAQ: SIFY), based in Chennai, India, has received two prestigious awards at the Global HR Excellence Awards 2021: one for Talent Management and another for Excellence in Learning and Development. The awards recognize Sify's successes in adapting its hiring, training, and reskilling approaches during challenging times, particularly with the shift towards remote work. Chairman Raju Vegesna expressed pride in the team's ability to embrace change and enhance skills for future opportunities.
Sify Technologies Limited (NASDAQ: SIFY) announced that CEO Kamal Nath was awarded 'CEO of the Year' by The World Leadership Congress, recognizing his leadership during challenging times. This award highlights Nath's role in transforming Sify into a leading ICT solutions provider in India. Since joining in 2012, he has driven consistent revenue growth and established Sify as a preferred partner for enterprises and government sectors. The company continues to adapt to the evolving digital economy, leveraging its robust infrastructure and cloud capabilities.
Sify Technologies reported a revenue of INR 6301 million for the quarter, marking a 7% increase year-on-year. EBITDA rose by 17% to INR 1291 million, while profit before tax surged 61% to INR 400 million. Profit after tax also grew 54% to INR 252 million. The company maintained a robust cash balance of INR 4431 million. Prominent growth areas included Data Center-centric IT services, which grew 21%, driven by cloud adoption and digital transformation. Management expressed optimism about future demand aligned with emerging customer priorities.
Sify Technologies Limited (NASDAQ: SIFY), based in Chennai, announced it will disclose its unaudited IFRS financial results for Q3 2020 on January 28, 2021. The results will be shared before market hours, followed by a conference call at 8:30 AM ET featuring key executives. Interested parties can join the call via phone or through a live webcast. Sify is recognized as India's leading Digital ICT solutions provider, catering to over 10,000 businesses globally.
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Sify Technologies reported a 2% revenue growth to INR 5899 Million for the quarter, with EBITDA increasing 12% to INR 1189 Million. Profit before tax rose 48% to INR 414 Million, while profit after tax saw a 35% increase to INR 257 Million. The company maintained a robust cash balance of INR 4242 Million at the end of the quarter. Management highlighted a shift towards hybrid IT models, driven by increased demand for digital transformation services amid the ongoing pandemic.
Sify Technologies Limited (NASDAQ: SIFY) will announce its unaudited IFRS financial results for Q2 2020 on October 23, 2020, before market opening. A conference call will be held at 8:30 AM ET with senior management, including the CEO and CFO. The call is accessible via phone or live stream on Sify's investor website. Sify is recognized as India's leading ICT solutions provider, catering to various sectors with its extensive network and data center capabilities.
Sify Technologies, a leading ICT solutions provider in India, will present its business to North American investors at the Sidoti & Company Fall 2020 Investor Conference on September 24, 2020, from 08:30 AM to 09:00 AM EDT. Investors can join the presentation via the Company’s website. Sify, headquartered in Chennai, focuses on cloud-based services to meet the changing demands of the digital economy, serving over 10,000 businesses across various sectors. With a robust MPLS network and multiple data centers, Sify also has an international presence in North America, the UK, and Singapore.
Sify Technologies Limited (NASDAQ: SIFY) announced the launch of Oracle Cloud Infrastructure FastConnect and Metro-XConnect services at its Rabale Data Center in Mumbai. These services offer secure connectivity and improved performance for Oracle Cloud customers in India. The collaboration enhances access to cloud applications and data with low latency and competitive pricing. With 53 data centers across India, Sify aims to facilitate hybrid multi-cloud environments, addressing enterprise security and cost management concerns.
Sify Technologies Limited (NASDAQ: SIFY), based in Chennai, India, has partnered with Commvault to enhance its data protection services. This collaboration aims to offer Data Protection as a Service, reducing service delivery costs by up to 30% while ensuring comprehensive backup and recovery across platforms. Customers will benefit from features like long-term data retention and superior deduplication. Sify’s extensive cloud service capabilities span major platforms, supported by a robust infrastructure of 10 data centers.
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