Sify Technologies Limited

Good day, ladies and gentlemen, and welcome to the SIFI Technologies financial results for third quarter and fiscal year 2021-2022. At this time, all participants have been placed on the listen-only mode, and the floor will be open for questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Praveen Krishna. Sir, the floor is yours.

Thank you, Holly. Good morning. I would like to extend a warm welcome to all our participants on behalf of CP Technologies Limited. I'm joined on the call today by Mr. Raju Vegsina, Chairman, Mr. Kamal Nath, Chief Executive Officer, and Mr. M.P. Vijay Kumar, Chief Financial Officer. Following our comments on the results, there will be an opportunity for questions. If you do not have a copy of our press release, please call Grayling Global at 646-284-9400 and we will have one sent to you. Alternatively, you may obtain a copy of the release at the investor information section on the company's corporate website at www.siffytechnologies.com slash investors. A replay of today's call may be accessed by dialing in on the numbers provided in the press release or by accessing the webcast in the investor information section of SIFI corporate website. Some of the financial measures referred to during this call and the earnings release may include non-GAAP measures. SIFI's results for the year are according to the International Financial Reporting Standards, or IFRS, and will differ somewhat from the GAAP announcement made in previous years. A presentation of the most directly comparable financial measures calculated and presented in accordance with GAAP and a reconciliation of such non-GAAP measures and of the differences between such non-GAAP measures and the most comparable financial measures calculated and presented in accordance with GAAP will be made available on CIFI's website. Before we continue, I'd like to point out that certain statements contained in the earnings release and on this conference call are forward-looking statements rather than historical facts and are subject to risks and uncertainties that could cause actual results to differ materially from those described. With respect to such forward-looking statements, the company seeks protection afforded by the Private Securities Litigation Reform Act of 1995. These risks include a variety of factors including competitive development and risk factors listed from time to time in the company's SEC reports and public releases. Those lists are intended to identify certain principal factors that could cause actual results to differ materially from those described in the forward-looking statements, but are not intended to represent a complete list of all risks and uncertainties inherent to the company's business. I would now like to introduce Mr. Raju Vexana, Chairman of the Free Technologies. Chairman.

Thank you, Praveen. Good morning. Thank you for joining all of you. Given the proactive governance through the pandemic, India is better placed through the third phase that we are currently experiencing. Digital IT infrastructure across the country has been scaled up aggressively since the networks and the data centers are declared essential services. Indian businesses are now convinced all the importance of the business processes continuity and convergent services of seamless business output. It has led to the both a surge of the services from a cloud-based local startup, cloud-born, you know, native cloud-born startup local, on growing hyperscaler investments in Indian IT infrastructure. As, you know, CP's digital at the core, as the plan, we are seeing as the right time for CP to scale up, to capture all these opportunities. Let me bring in Kamal Nag, our CEO, to expand on some of the business highlights for the past quarter. Come on. Yeah, thank you, Raju. Enterprises looking for cloud-based digital transformation services see our digital first bouquet of services as a natural fitment for their evolving business demands. We are seeing an upswing in demand for our cloud at core services as the right delivery model for these demands. Our successful delivery for hyperscalers is a strong endorsement of our agility and capability on the data center front and increases the attractiveness of our data centers to our enterprise clients. With the market learning to work around the pandemic, these demands should continue. As with previous quarters, I would like to expand on the business highlights and summarize our business performance. As part of our corporate venture capital initiative, SIFI has further invested during the quarter, in the earlier announced startups in the Silicon Valley area. Chiffee committed to a capital outlay of INR 9900 million toward fresh capacity building for data center expansion in the Navi Mumbai region. This is in addition to the capital outlay of INR 1200 million for expansion of DC capacity in the same region. Chiffee Technologies has been recognized as a niche player in the 2021 Gartner Magic Quadrant for Managed Network Services. The recognition is for completeness of vision and ability to execute leading to superior quality of service. The business continues to grow the reach of the network. As of 31st December 2021, SIFI provides services via 769 fiber nodes and 1,893 wireless base stations across the country. a 6% and 11% increase respectively over the same quarter last year. As part of his digital experience project, SIFI completed full automation of service assurance, asset management, and service provisioning across his network. This will accelerate the deployment of a streamlined customer experience in the coming quarters. To summarize our business performance, revenue from data center co-location services grew by 44% over the same quarter last year. Revenue from digital services fell by 18% over the same quarter last year. And revenue from network-centric services grew by 8% over the same quarter last year. The revenue split between the businesses during the quarter was data center co-location services at 30%, digital services at 24%, and network centric services at 46%. A detailed list of our key wins is recorded in our press release, now live on our website. Let me bring in Vijay, our CFO, to elaborate on the financial highlights for the past quarter. Vijay.