Netweb Technologies India Limited — Updates, 19-10-2024: Press Release

Netweb Technologies India Limited reported strong financial results for Q2 FY25, with total income rising 71% YoY to ₹2,531 Mn and profit after tax (PAT) doubling to ₹257 Mn. EBITDA increased by 69.7% YoY, reaching ₹378 Mn. The company's order book grew to ₹3,697 Mn, driven by a 229% increase in AI systems income. Netweb aims to leverage its technological strengths while expanding into overseas markets, positioning itself for continued growth in high-end computing solutions.