Sanjay Lodha, Chairman and Managing Director of Netweb Technologies

Netweb Technologies India Limited reported operating income of ₹301.2 crore for the first quarter of FY26, marking a 101.7 per cent year-on-year growth over the same period last year. The high-end computing solutions provider also posted a profit after tax of ₹30.5 crore, doubling from ₹15.2 crore in Q1 FY25.

The company’s operating EBITDA increased 127.2 per cent to ₹44.8 crore, with margins expanding to 14.9 per cent from 13.2 per cent in the previous year. Diluted earnings per share rose 99.3 per cent to ₹5.38 for the quarter.

AI segment grows 300%, drives 29% of revenue

AI systems emerged as a key growth driver, contributing 29 per cent of operating revenue with a 300 per cent year-on-year increase. The company successfully executed a large AI order in the defence sector during the quarter.

“This performance reflects our unwavering commitment to in-house design and manufacturing of next-generation systems, in alignment with the ‘Make in India’ vision,” said Chairman and Managing Director Sanjay Lodha. The company launched Skylus.ai, a GPU orchestration platform for AI infrastructure deployment, during FY25.

Netweb, which went public in July 2023, operates in high-performance computing, private cloud, and AI systems segments. The company serves IT, banking, government defence, education and R&D institutions through its manufacturing facility in Delhi-NCR and 18 offices across India.

Cash-positive position with negative net debt

The company reported negative net debt of ₹47.5 crore as of June 2025, indicating a cash-positive position.

The shares of Netweb Technologies India Limited ended today on the NSE at 2,055 up by ₹32 or 1.58 per cent.

Published on July 31, 2025