Sify Technology (NASDAQ:SIFY) Q3 2019 Earnings Conference Call - Final Transcript

Jan 24, 2020 • 08:30 am ET

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Sify Technology (NASDAQ:SIFY) Q3 2019 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Good day, ladies and gentlemen, and welcome to your Sify Technologies Financial Results for the Third Quarter and Fiscal Year 2019-2020. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation. [Operator Instructions]

At this time, it is my pleasure to turn the floor over to Mr. Shiwei Yin. Sir, the floor is yours.

Executive
Shiwei Yin

I would like to extend a warm welcome to all our participants on behalf of Sify Technologies Limited. I'm joined on the call today by, Raju Vegesna, Chairman, Kamal Nath, Chief Executive Officer and M P Vijay Kumar, Chief Financial Officer of Sify Technologies. 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 let us know and we will have one sent to you, alternatively you may obtain a copy of the release at the Investor Information section of the company's corporate website at www.sifycorp.com.

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 Sify corporate website. Some of the financial measures referred to during this call and in the earnings release may include non-GAAP measures. Sify'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 Sify'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 seeks protections 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 on 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 Vegesna, Chairman of Sify Technologies Limited. Sir?

Executive
Raju Vegesna

Thank you, Shiwei. Good morning everyone. Thank you for joining us on the call. Most enterprises are viewing that current enrollment in India has an opportunity to re-skill and re-engineer their human power and the processes and be ready for the digital economy of tomorrow. This will drive both increase in conjunction of