Netweb Technologies Share Price Hits Life High As Q2 Net Profit Jumps

Netweb Technologies India Ltd.'s share price rose to life high on Monday after the company reported a jump in its net profit in the second quarter of fiscal 2025. The net profit rose 70.2% on the year to Rs 25.7 crore in the July-September period, compared to Rs 15.1 crore the same period last year.

The net profit rose following its revenue growth. The revenue rose 73.2% on the year to Rs 251 crore in the second quarter from Rs 145 crore. The operating profit jumped 85.5% on the year to Rs 35.7 crore from 19.2 crore in the corresponding period of previous financial year, the company said in an exchange filing. Netweb Technologies India's margin rose 90 basis points to 14.2% in the second quarter from 13.3%, the exchange filing said.

The company has a pipeline of Rs 3,703.8 crore and order book of Rs 3,697 crore, it said in its investor presentation.

Netweb Technologies India offers high–end computing solutions provider with fully integrated design and manufacturing capabilities. Its HCS offering comprises HPC, private cloud and HCI, artificial intelligence systems and enterprise workstations, high performance storage and data centre servers.