Sify

Andhra Minister Nara Lokesh lays foundation for Sify's ₹1,500 cr AI centre

Andhra Pradesh IT Minister Nara Lokesh on Sunday laid the foundation for Sify Technologies' Rs 1,500 crore AI Edge Data Center and Open Cable Landing Station here. The 50-megawatt facility is being developed by Sify, a subsidiary of National Association of Securities Dealers Automated Quotations (NASDAQ)-listed Sify Technologies, on 3.6 acres of government-allotted land in Vizag. "Lokesh laid the foundation for Sify Technologies' Rs 1,500 crore AI Edge Data Center and Open Cable Landing Station (CLS) in Visakhapatnam, marking a new era in digital infrastructure, said a TDP release. The AI Edge Data Center and CLS will make Vizag 'India's next global digital gateway', strengthening subsea connectivity and AI infrastructure. The project is expected to create employment for over 1,000 people and enhance AI computing capacity at the edge level, the release noted. It is also expected to improve data exchange between India and Southeast Asian countries such as Singapore, Malaysia, ...

Sify Infinit Spaces to launch $500 mn IPO in 2 weeks amid data-centre boom

The IPO will fund expansion as India's data-centre demand soars; company runs 14 sites and seeks capital to tap growing AI, cloud, and digital infrastructure market

Sify inaugurates South India's largest AI-ready data centre in Chennai

With an eventual capacity of 130 mega watt (MW), it is the only data centre in India with an on-site open cable landing station, providing enhanced global connectivity and network performance

Sify reports consolidated Q4 profit at Rs 34 mn, revenue up at Rs 8,861 mn

Information technology services company Sify Technologies has reported consolidated profit for the January-March 2023 quarter at Rs 34 million, the company said on Wednesday. The company had registered consolidated net at Rs 227 million during the corresponding quarter of previous year. For the year ending March 31, 2023 the consolidated profit stood at Rs 674 million as compared to Rs 1,258 million registered last year. The consolidated revenues during the quarter under review went up to Rs 8,861 million from Rs 6,805 million registered in same quarter of last year, the company said. For the year ending March 31, 2023 the consolidated revenue grew to Rs 33,404 million from Rs 27,026 million registered year ago. The digital tsunami that swept India during COVID-19 has settled into a steady adoption by both public and private enterprises. Enterprises are eager to unlock the power of digital automation measures to transition to the next phase of growth, company chairman Raju Vegesna

Sify Technologies Ltd profit up by 47%

Company's revenue up by 22%

Sify clocks Rs 10.4 crore profit in FY16

Revenue up by 12 per cent