Netweb Technologies India Limited — Updates, 18-01-2025: Press Release
Netweb Technologies India Limited has reported robust financial performance for Q3 FY25, achieving the highest quarterly income of ₹3,355 Mn, reflecting a 30.1% year-over-year (YoY) growth. Profit After Tax (PAT) rose to ₹303 Mn, marking a 16.6% YoY increase. The EBITDA for the quarter was ₹455 Mn, up 17.4% YoY, with an EBITDA margin of 13.6%. For the nine-month period ended December 2024, total income surged by 59.0% YoY to ₹7,413 Mn, and PAT skyrocketed 54.6% YoY to ₹715 Mn.
Netweb's order book stood at ₹3,603 Mn, with notable growth in the AI Systems segment, which increased by 136.3% YoY, contributing 14.7% to overall revenue. The company's export revenue accounted for 9.0% of total income as it expands its international footprint. Positive growth is driven by strategic focus areas, including High-Performance Computing (HPC), Private Cloud solutions, and AI system innovations, cementing its leading position in the high-end computing solutions market. Investors should monitor Netweb's trajectory closely for potential growth opportunities.
