Sify Technologies (SIFY) saw its shares plummet 5.46% intraday on Monday following the release of its Q3 fiscal 2025-26 results, which revealed a net loss and revenue shortfall.
The company reported a net loss of INR 329 million for the quarter, alongside revenue of INR 11.60 billion ($130.177 million), missing the estimated $165 million. This underperformance, coupled with rising finance expenses and a decline in equity, has weighed heavily on investor sentiment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments