Sify Technologies Limited

Good morning and welcome to SIFI Technologies financial results for third quarter and fiscal year 2022 to 2023. At this time all participants are in a listen-only mode and there'll be a question and answer session to follow the formal presentation. If anyone should require operator assistance during the conference please press star zero on your phone keypad. Please note this conference is being recorded. I will now turn the conference over to your host Mr. Praveen Krishna. Praveen, the floor is yours.

Thank you, Jenny. I'd like to extend a warm welcome to all our participants on behalf of CIFI Technologies Limited. I'm joined on the call today by Raju Vegsuna, Chairman, MP Vijay Kumar, Executive Director of Group CFO, and Kamal Nath, CEO. 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'll 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.siffitechnologies.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 the SIFI corporate website. Some of the financial measures referred to during this call and in 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 announcements 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 would 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 sees protection afforded by the Private Securities Litigation Reform Act of 1995. These risks include a variety of factors, including competitive developments 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 companies' business. Let me now introduce Mr. Raju Vikshana, Chairman of SIPI Technologies. Chairman.

Thank you, Praveen. Good morning, everyone. And thank you for joining us on the call. India's resilience demonstrated post-COVID has formally established it has an economy, that is not easily disturbed by changes in the business environment. With an aggressive adoption of digital tools has worked well for the economy. The government's larger agenda of ensuring that social measures reach the intended beneficiaries is a work in progress. and will continue to drive the domestic IT demand. International demand is expected to continue due to the comparable attractiveness of the Indian market in spite of the tightening world economy. And viewed together, this worked well for an economy that is still at the early stages of realizing its potential. Let me now bring in Kamal, our CEO, to expand on some of the business highlights for the past quarter. Kamal? Thank you, Raju. Indian enterprises have fast-tracked their digital initiatives based on their success in navigating the pandemic and are now operationalizing pandemic-era innovations. Enterprise priorities are building business-aligned digital models, enhancing end-user experience, deploying resilient business continuity models, and mitigating security risks. Our data center and cloud services, digital and network services are all important building blocks to enable customers' business priorities, and we expect each of the businesses to grow with their related investments. Let me now expand on the business values for the quarter. Revenue from data center services grew approximately 19% over the same quarter last year. Revenue from digital services grew approximately 90% over the same quarter last year. Revenue from network services grew by 8% over the same quarter last year. The revenue split between the businesses for the quarter was data center co-location services at 27%, digital services at 35%, and network services at 38%. CFI commissioned incremental data center capacity of 4.1 megawatt in the quarter. As on December 31st, 2022, CFI provides services via 846 fiber nodes across the country, a 11% increase over the same quarter last year. The network connectivity service has now deployed 5,900 SD-WAN service points across the country. During the quarter, CFI has invested US dollars $482,500 in startups in the US dollars in the Silicon Valley area as part of our corporate venture capital initiative. To date, the cumulative investment stands at US dollars $4.69 million. A detailed list of our key wins is recorded in our press release, now live on our website. Let me bring in Vijay, our Executive Director and Group CFO to elaborate on the financial highlights for the quarter.