Sify already makes cash profit since a few quarters now, and a capital increase is highly unlikely in the near future. Have a look at my posts on another string
We will see how it plays out. I am calling a buy gradually to make use of the market bearishness
Their expenses keep going higher, they still have huge Capex and there are still net losses.There is no way they can fund future Capex from cash flow, they will have to raise money again and that's going to be another private offering. Once the build out is complete it goes on the block one way or another.