Netweb Tech Shares Soar 11% on Robust Q3 Earnings, Strong AI Performance

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CNBC TV18•19-01-2026, 09:30
Netweb Tech Shares Soar 11% on Robust Q3 Earnings, Strong AI Performance
- •Netweb Technologies India Ltd. shares surged 12% following strong December quarter earnings.
- •Revenue grew 140% year-over-year to ₹804 crore, significantly beating expectations.
- •EBITDA more than doubled to ₹97.5 crore, despite a sequential and year-over-year decline in margins.
- •Results were boosted by early execution of a ₹450.39 crore strategic order.
- •AI systems contributed 64.2% to the quarter's topline, with an order pipeline of ₹4,270.3 crore.
Why It Matters: Netweb Tech's shares jumped due to exceptional Q3 revenue growth and strong AI segment contribution.
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