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Sify Technologies Q3 Earnings Call Highlights
Yahoo Finance· 2026-01-13 15:48
Core Insights - Sify Technologies reported a strong demand for data center colocation, with 9.1 megawatts (MW) sold in the latest quarter, and emphasized fiscal discipline while making strategic investments in infrastructure to support long-term growth [1][4] Financial Performance - For Q3 fiscal 2025-26, Sify's revenue reached INR 11,596 million, reflecting an 11% year-over-year increase, while EBITDA grew by 29% to INR 2,470 million. However, the company reported a loss after tax of INR 3,290 million [7][8][9] Data Center Capacity and Expansion - Sify has a total design capacity of 188 MW, with 130 MW ready for service and 127 MW sold. The company expects to add approximately 125 MW from four upcoming facilities, with typical EBITDA margins for data centers around 44-45% [6][10][14] Strategic Initiatives - The company is pursuing an IPO for Sify Infinite Spaces, targeting a total issue of INR 3,700 crore to fund data center expansion and refinance debt. A strategic partnership with Google for a cable landing station in Vishakhapatnam was also highlighted [5][17] Network Services and Partnerships - Sify's network revenue has been relatively flat due to price corrections and a shift towards internet connectivity solutions. The company is managing costs to protect margins and anticipates growth in the network business alongside data center expansion [18][19] Digital Services and Future Expectations - The digital services segment continues to operate at a loss, but management expects to reach break-even by the latter part of fiscal 2026-27, focusing on core service areas such as cloud and managed services [20] AI and Infrastructure Readiness - Sify's data centers are being equipped with NVIDIA-certified capabilities and liquid cooling systems, with incremental costs for liquid cooling estimated at approximately $1.3 million per MW [23]
The Canton Fair in the Eyes of a British Scholar: Let the World Share China's Opportunities
Shang Wu Bu Wang Zhan· 2025-06-25 15:47
Core Insights - The Canton Fair, established in 1957, is a significant biannual event that showcases the internationalization of China's trade [2][3] - The current edition has attracted nearly 43,000 exhibitors and around 250,000 visitors, covering an area of 1.55 million square meters [3][4] Global Reach and Promotion - The fair has expanded its international reach through promotional events in various cities, including Vienna, Budapest, and Amsterdam, as well as in African countries like Nigeria, Ethiopia, and Kenya [5] - The Canton Fair has been instrumental in helping Chinese brands, such as BYD, Huawei, Haier, and Lenovo, gain global recognition and market penetration [6] Opportunities for Businesses - The fair provides a platform for both large and small businesses to network and expand beyond major Chinese cities [8] - It accommodates a diverse range of sectors, with the spring fair focusing on electronics and home appliances, while the autumn fair emphasizes textiles and consumer goods [9] Changing Business Mindset - The participation of big companies aims to enhance international exposure and experience, reflecting a shift in the business mindset of Chinese exhibitors towards more proactive engagement in international trade [11][12] - The rise of Chinese fashion brands and designers illustrates the evolving outlook of Chinese enterprises in the global market [13] Cultural Appeal - The fair is complemented by the cultural attractions of Guangzhou, enhancing the overall experience for visitors [14] Future Prospects - The latest edition of the Canton Fair is expected to be larger and more impactful, aligning with the growing importance of international trading opportunities [15][16]