Netweb Technologies India Ltd.Record Quarter Driven by AI

Netweb Technologies delivered a record-breaking quarter with revenue reaching ₹804.9 crore, marking exceptional growth of 141% year-on-year and 165% quarter-on-quarter.

The company successfully executed a strategic order worth ₹450.4 crore of national significance, strengthening India's AI compute infrastructure. Profit after tax surged 146.7% year-on-year to ₹73.3 crore with a 9% margin, while operating EBITDA grew 127.1% to ₹97.9 crore at 12.2% margin. The AI systems segment contributed 64% of quarterly revenue. Netweb maintains a robust order book of ₹2,259 crore comprising ₹525.8 crore organic and ₹1,733.6 crore strategic orders, with additional L1 orders of ₹300 crore expected to convert within 8-10 weeks.

Management reaffirmed 30-40% organic CAGR guidance for the next 2-3 years. The company remains debt-free with net cash of ₹190 crore and reported exceptional returns with 41.3% ROCE for nine months. Strategic orders carry margins 200 basis points lower than organic business, but management emphasized strong execution capability. Netweb is working on cutting-edge Blackwell chipsets, positioning India at the AI technology forefront.