Netweb Technologies Q3 Profit Soars 146% to Rs 73 Crore, Driven by AI and Cloud Demand

• Netweb Technologies reported a profit after tax of Rs 73.31 crore in Q3, more than doubling from Rs 29.7 crore in the same quarter last fiscal year.
• This marks the company's highest-ever quarterly profit, attributed to strong demand for artificial intelligence, private cloud, and high-performance computing solutions.
• Revenue for the quarter surged to Rs 811.56 crore, more than double the Rs 335.55 crore recorded in the December quarter of FY25.
• Chairman and MD Sanjay Lodha highlighted a record-breaking quarter with highest-ever income and profit.
• The company executed a large strategic order worth Rs 450.39 crore, solidifying its position as India's largest OEM in high-end computing solutions.

Why It Matters: Netweb Technologies achieved record Q3 profits and revenue, driven by robust demand in AI, private cloud, and HPC.