Sify Technologies (SIFY) Q1 revenue hits INR 12,352m with return to profit

Rhea-AI Filing Summary

Sify Technologies Limited reported consolidated results under IFRS for the quarter ended June 30, 2026 (Q1 FY 2026-27). Revenue was INR 12,352 million, a 15% increase over the same quarter last year, and Adjusted EBITDA was INR 3,005 million, up 42% year-on-year. The company recorded a profit for the period of INR 65 million, compared with a loss of INR 389 million in the prior-year quarter and a loss of INR 372 million in the quarter ended March 2026.

Capital expenditure for the quarter was INR 6,708 million. Revenue for the quarter was split across Network Services (39%), Data Center Services (42%) and Digital Services (19%), with Data Center Services contributing the largest share. The data center subsidiary sold 5 MW of capacity, and as of June 30, 2026 Sify provided services via 1,238 fiber nodes, a 7% increase over the same quarter last year. Equity stood at INR 19,059 million, with long-term borrowings of INR 28,499 million, short-term borrowings of INR 17,591 million, a cash balance of INR 4,597 million, and net debt of INR 39,231 million.

Positive

• Revenue grew 15% year-on-year to INR 12,352 million for Q1 FY 2026-27, indicating solid top-line expansion versus the same quarter last year.
• Adjusted EBITDA rose 42% year-on-year to INR 3,005 million, with the company moving from a prior-year quarterly loss to a profit of INR 65 million.

Negative

• Net debt increased to INR 39,231 million at June 30, 2026, higher than INR 28,633 million a year earlier, alongside quarterly CAPEX of INR 6,708 million and significant interest expenses.

Filing Explained

At June 30, 2026, data centers were profitable while digital services remained loss-making; listed customer engagements have no quantified aggregate value here.

The July 16 Form 6-K is a foreign private issuer’s interim report furnishing a July 15 press release on the completed quarter ended June 30, 2026; its consequence here is an updated operating and segment record, not a stated new corporate obligation.

The segment table adds that Data Center Services produced the largest segment result for the quarter, while Digital Services reported a segment loss.

The Customer Engagements section lists new work across cloud interconnection, network integration, data-center migrations, managed services, cloud platforms, and security operations.

Those engagements are described by service type and customer category rather than by a consolidated financial amount, so their contribution remains an operating disclosure rather than a quantified backlog figure in this filing.

Key Figures

Revenue: INR 12,352 million Adjusted EBITDA: INR 3,005 million Profit for the period: INR 65 million +5 more

8 metrics

Revenue INR 12,352 million Quarter ended June 30, 2026; 15% higher than same quarter last year

Adjusted EBITDA INR 3,005 million Quarter ended June 30, 2026; 42% increase over same quarter last year

Profit for the period INR 65 million Quarter ended June 30, 2026; compared with loss of INR 389 million prior-year quarter

CAPEX INR 6,708 million Capital expenditure during the quarter ended June 30, 2026

Equity INR 19,059 million As of June 30, 2026, compared with INR 16,339 million a year earlier

Net debt INR 39,231 million As of June 30, 2026; includes borrowings, cash balance and lien-marked deposits

Fiber nodes 1,238 Service nodes across India as of June 30, 2026; 7% increase year-on-year

Data center capacity sold 5 MW Capacity sold by the data center subsidiary during the quarter

Key Terms

Adjusted EBITDA, Net debt, Intersegment Revenue, Non-IFRS financial measure, +1 more

5 terms

Adjusted EBITDA financial

"Reconciliation with Non-GAAP measure ... Adjusted EBITDA | | 3,005"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

Net debt financial

"Net debt | | 39,231 | | 28,633 | | 31,395"

Net debt is the total amount a company owes after subtracting the cash and assets it has that can be used to pay off that debt. It shows how much debt is truly a burden, helping investors understand if a company is financially healthy or heavily borrowed. Think of it like calculating how much money you owe after using your savings to pay part of it.

Intersegment Revenue financial

"Intersegment Revenue | | - | | 22 | | 55 | | 77"

Intersegment revenue is income from sales or services one part of a company provides to another part of the same company. For investors it matters because these internal transactions can make individual business units look busier or more profitable than they are on their own, and analysts must adjust or eliminate them to see the company’s true consolidated revenue and the real performance of each segment — like ignoring transfers of money between rooms in a house to judge the household’s external income.

Non-IFRS financial measure financial

"In particular, adjusted EBITDA is referred to as “non-IFRS” measure."

A non-IFRS financial measure is a performance number a company reports that is not defined by official accounting rules and usually adjusts standard results to show what management believes is the company’s underlying performance. Think of it like a photo with a custom filter: it can make important features clearer but may also hide blemishes, so investors use it to understand management’s view while checking how the adjustments were made and reconciled to the official numbers.

disaster-recovery-as-a-service technical

"One of India’s oldest industrial houses contracted Sify for disaster-recovery-as-a-service."

Disaster-recovery-as-a-service (DRaaS) is a cloud-based offering that copies and stores a company’s IT systems, data, and applications offsite and can quickly restore or run them after an outage or disaster. Think of it like a remote spare generator and backup office for a business’s computers; it matters to investors because it reduces operational downtime risk, protects revenue and assets, and can affect a company's continuity, insurance costs, and overall valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How much revenue did Sify Technologies (SIFY) report for Q1 FY 2026-27?

Sify Technologies reported revenue of INR 12,352 million for the quarter ended June 30, 2026. This represented a 15% increase over the same quarter of the previous year, reflecting growth across Network, Data Center and Digital services.

What was Sify Technologies (SIFY) Adjusted EBITDA for the latest quarter?

For Q1 FY 2026-27, Sify reported Adjusted EBITDA of INR 3,005 million. This was a 42% increase over the same quarter last year, supported by higher revenue and the contribution from Data Center and Network services.

Did Sify Technologies (SIFY) report a profit or loss in Q1 FY 2026-27?

Sify reported a profit for the period of INR 65 million in Q1 FY 2026-27. This compares with a loss of INR 389 million in the same quarter the prior year and a loss of INR 372 million in the March 2026 quarter.

What were Sify Technologies (SIFY) capital expenditures and net debt this quarter?

Sify’s CAPEX was INR 6,708 million in Q1 FY 2026-27. At June 30, 2026, the company reported net debt of INR 39,231 million, based on long- and short-term borrowings, cash balance, and deposits lien marked towards loans.

How is Sify Technologies (SIFY) revenue split across its business segments?

For the quarter ended June 30, 2026, Sify’s revenue split was 39% Network Services, 42% Data Center Services and 19% Digital Services. Data Center Services generated the largest share of external revenue in the period.

What operational metrics did Sify Technologies (SIFY) highlight for its infrastructure?

Sify reported that its data center subsidiary sold 5 MW of capacity in the quarter. As of June 30, 2026, it provided services via 1,238 fiber nodes across India, a 7% increase over the same quarter last year.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of: July 2026

Commission File Number: 000-27663

SIFY TECHNOLOGIES LIMITED
(Translation of registrant’s name into English)

Tidel Park, Second Floor

No. 4, Rajiv Gandhi Salai, Taramani

Chennai 600 113, India

(91) 44-2254-0770
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F  Form 40-F 

1

Results of Operations and Financial Condition

On July 15, 2026, Sify Technologies Limited announced its consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2026 of fiscal year 2026-27.

The Registrant issued a press release to announce the consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2026. A copy of this press release is attached hereto as Exhibit 99.1, which exhibit shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

2

EXHIBIT INDEX

Exhibit No.
99.1		Press Release dated July 15, 2026.

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 16, 2026
	Sify Technologies Limited
	By:	/s/ M P Vijay Kumar
	Name:	M P Vijay Kumar
	Title:	Executive Director and Chief Financial Officer

4

Exhibit 99.1

For immediate release Chennai, India
DETAILS OF EARNING CALL	July 15, 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: 378050

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/2184/54259

Archives: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Passcode 54259

Replay is available until July 29, 2026

Sify reports Consolidated Financial Results for Q1 FY 2026-27

Revenues of INR 12,352 Million. Adjusted EBITDA of INR 3,005 Million.

Profit for the period INR 65 Million.

HIGHLIGHTS

 Revenue was INR 12,352 Million, an increase of 15% over the same quarter last year.

 Adjusted EBITDA was INR 3,005 Million, an increase of 42% over the same quarter last year.

 Profit for the quarter was INR 65 Million.

 CAPEX during the quarter was INR 6,708 Million.

MANAGEMENT COMMENTARY

Mr. Raju Vegesna, Chairman, said, “India's digital transformation is entering a phase of execution at scale. What was once a digital transformation agenda has now become a business imperative, with organizations investing in technology to improve productivity, resilience, and customer experience.

The country continues to benefit from a unique combination of progressive policy initiatives, expanding digital infrastructure, and a deep pool of technology talent. As AI adoption gathers pace, the need for secure, scalable, and interconnected digital infrastructure will become even more critical. This presents a significant opportunity for India to strengthen its position as a global technology and innovation hub.

At Sify, we continue to align our investments with these long-term trends. Our integrated portfolio of Data Centers, Networks, and Digital Services enables us to support customers as they modernize their technology environments and prepare for an AI-enabled future.

India is no longer preparing for the digital future—it is actively shaping it. Sify remains committed to building the infrastructure and capabilities that will help power this next chapter of growth.”

Mr. M P Vijay Kumar, ED & Group CFO, said, “During the quarter, we continued to strengthen the operational foundations of our businesses through disciplined execution, improved resource utilization, and targeted investments across each of our portfolios.

We continue to invest in capacity expansion, network modernization, and technology platforms that position us to address emerging demand from AI, cloud, and data-intensive workloads. At the same time, we remain vigilant in managing costs, optimizing cash flows, and enhancing operational efficiencies across the organization.

While investments in infrastructure and talent continue to influence depreciation, interest, and manpower costs, these are aligned with our long-term growth objectives and are supported by a prudent approach to risk management and financial planning. Our priority remains unchanged: maintaining a strong balance sheet, preserving financial flexibility, and creating enduring value for shareholders through disciplined growth and responsible stewardship of capital.

The cash balance at the end of the quarter was INR 4,597 Million”.

BUSINESS HIGHLIGHTS

 The Revenue split between the businesses for the quarter was Network services 39%, Data Center services 42% and Digital services 19%.

 The Data Center subsidiary sold 5 MW of capacity in the quarter.

 As on June 30,2026, Sify provides services via 1,238 fiber nodes across the country, a 7% increase over same quarter last year.

CUSTOMER ENGAGEMENTS

Among the most prominent new contracts were the following:

Network Services

 One of the largest international banks contracted for large capacity Cloud inter-connect in major data centers and branch network integration with hyper scale cloud providers.

 Another international bank contracted for managed services and network integration across their branches and SDWAN.

 One of the largest capital market service providers contracted to implement a high uptime, large capacity network connecting data centers in different cities to facilitate training and inferencing for their AI workloads.

 One of India’s largest e-commerce service providers contracted Sify for a Wide Area Network to connect their dark stores across more than 800+ locations in 100+ Cities.

 Sify launched its Onnet Platform enabling real-time, on-demand provisioning of network services.

Data Center Services

 A pan-India health services provider contracted to transition from a competitor’s data center to Sify’s data center.

 A domestic banking player contracted to move from their on-prem location to Sify data center.

 A new-age wallet services provider contracted to repatriate their cloud services to Sify’s multiple data center locations.

 One of India’s oldest banks contracted Sify to set up their near-disaster-recovery location in Sify’s data center.

 Sify delivered data center capacity in one of the newest facilities to a global major in mobility instruments.

Digital services

 An insurance major contracted to migrate from their on-premise data center to one of our cloud platforms.

 The government’s data repository division and a regional bank contracted for managed services.

 A private cyber-security player contracted Sify to build a green-field cloud service.

 One of India’s oldest industrial houses contracted Sify for disaster-recovery-as-a-service.

 Multiple players including a regional bank, an insurance major and a division of the aviation ministry contracted for on-prem private cloud commissioning.

 Contracts for managed services came from one of India’s largest steel majors, an agro-tech major, a microfinance startup and a speciality chemicals player.

 Contracts for security operations center and security services came from a regional bank and an insurance major.

FINANCIAL HIGHLIGHTS

Unaudited Consolidated Income Statement as per IFRS

(In INR millions)

Description		Quarter ended June 2026		Quarter ended June 2025		Quarter ended March 2026		Year ended March 2026 (Audited)
Revenue		12,352		10,723		12,025		44,877
Cost of Sales		(7,462)		(6,574)		(7,023)		(26,843)
Gross Profit		4,890		4,149		5,002		18,034
Other Operating Income		45		85		118		376
Selling, General and Administrative Expenses		(1,899)		(2,018)		(2,062)		(8,123)
Depreciation and Amortisation expense		(1,920)		(1,679)		(1,968)		(7,274)
Operating Profit		1,116		537		1,090		3,013
Investment Income		70		-		11		34
Impairment loss on Investment		-		(22)		-		(26)
Profit before financing and income taxes		1,186		515		1,101		3,021
Finance income		-		1		-		1
Interest expenses on borrowings and lease liabilities		(1,022)		(837)		(1,259)		(3,950)
Interest expenses on pension liabilities		-		(1)		(10)		(13)
Profit/(Loss) before income taxes		164		(322)		(168)		(941)
Income Tax Expense		(99)		(67)		(204)		(425)
Profit/(Loss) for the period		65		(389)		(372)		(1,366)
Reconciliation with Non-GAAP measure
Profit/(Loss) for the period		65		(389)		(372)		(1,366)
Add:
Depreciation and Amortisation expense		1,920		1,679		1,968		7,274
Net Finance Expenses		1,022		765		1,259		3,949
Current Tax		122		122		141		487
Deferred Tax		-		-		63		-
Less:
Deferred Tax		(23)		(55)		-		(62)
Other Income (including exchange gain/loss)		(101)		(11)		(129)		(411)
Adjusted EBITDA		3,005		2,111		2,930		9,871

Segment Reporting:

(In INR millions)

		Quarter ended June 2026								Quarter ended June 2025
Particulars		Network Services (A)		Data Center Services (B)		Digital Services ( C)		Total (D)= (A)+(B)+(C)		Network Services (A)		Data Center Services (B)		Digital Services ( C)		Total (D)= (A)+(B)+(C)
External customers Revenue		4,758		5,282		2,312		12,352		4,379		3,961		2,383		10,723
Intersegment Revenue		-		22		55		77		-		22		55		77
Operating Expense		(3,763)		(3,010)		(2,488)		(9,261)		(3,683)		(2,192)		(2,681)		(8,556)
Intersegment Expense		(63)		-		(14)		(77)		(63)		-		(14)		(77)
Segment Result		932		2,294		(135)		3,091		633		1,791		(257)		2,167
Unallocated Expense:
Support Service Unit Costs								(100)								(36)
Depreciation and Amortisation								(1,920)								(1,679)
Other income / (expense), net								115								63
Finance Income								-								1
Finance Expense								(1,022)								(838)
Profit / (loss) before tax								164								(322)
Income taxes (expense) / benefit								(99)								(67)
Profit / (loss) for the period								65								(389)

Equity and Debt:

(In INR millions)

		Quarter ended June 2026		Quarter ended June 2025		Year ended Mar 2026
EQUITY		19,059		16,339		18,933
BORROWINGS
Long term		28,499		25,391		23,205
Short term		17,591		8,791		15,400
Less: Cash Balance		4,597		3,861		5,071
Less: deposits lien marked towards loan		2,262		1,688		2,139
Net debt		39,231		28,633		31,395

About Sify Technologies

A multiple times award winner of the Golden Peacock from Institute of Directors for Corporate Governance, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10,000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1,700 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore. Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Non-IFRS Measures

This press release contains a financial measure not prepared in accordance with IFRS. In particular, adjusted EBITDA is referred to as “non-IFRS” measure. The non-IFRS financial measure we use may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies - refer to the reconciliation provided in the table labelled Financial Highlights for more information. In addition, these non-IFRS measures should not be considered in isolation as a substitute for, or as superior to, financial measures calculated in accordance with IFRS, and our financial results calculated in accordance with IFRS and reconciliation to those financial statements should be carefully evaluated.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2026, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Sify Technologies Limited	20:20 Media	Luri Group
Praveen Krishna	Nikhila Kesavan	Lucia Domville
Investor Relations & Public Relations	+91 9840124036	646.824.2856
+91 9840926523	nikhila.kesavan@2020msl.com	lucia.domville@lurigroup.com
praveen.krishna@sifycorp.com

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