Sify's Data-Centre Unit Posts 23% Revenue Jump, Margin Hits 45%
SIFY sits 60% above its 52-week low of $8.9.
Summary
Sify Infinit Spaces, the data-centre subsidiary of Sify Technologies, reported FY26 revenue of Rs.1,760.5 crore, up 23.2% year-on-year, with operating margin expanding 70 basis points to 45.1%. The growth was driven by hyperscale client demand and capacity utilization, not AI workloads. This follows Sify's 20-F filing in June showing a widened net loss, but the data-centre segment's strong performance highlights a bright spot. Operational capacity reached 188MW as of March. The company's CEO noted ample opportunity to capture customers despite competition. Watch for continued hyperscaler demand and capacity expansion plans.
At the time of this announcement, SIFY was trading at $14.21 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $8.90 to $17.85. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Mint.