Sify Technologies Expands Data Centers
Sify Technologies (NASDAQ:SIFY), an India-based information technology company, announced its fiscal 2026 first-quarter results on July 18. Revenue rose 14% year over year to 10.723 billion rupees, and EBITDA rose by 18% to 2.111 billion rupees, but the company recorded a loss after taxes of 388 million rupees on an IFRS (International Financial Reporting Standards) basis. The quarter marked the commissioning of two new greenfield data centers and a shift in digital services revenue strategy, with expectations for further operational data center capacity expansion and potential margin improvement within 12 to 18 months.
Total operational data center capacity rose to 138 megawatts (MW) following the addition of 8.6 MW, and new campuses in Delhi and Chennai, each with 26 MW design capacity, were brought online. Two additional Mumbai facilities, each planned for 52 MW, are under construction and expected to go live later this financial year.
Rapid capacity scaling, concentrated in hyperscale campuses across major metros, signals aggressive positioning for surging demand in AI workloads and enterprise digitalization -- deepening the company’s data center moat in India’s burgeoning infrastructure market.
Source Fool.com
