IT Consulting & Software company Netweb Technologies India announced Q2FY25 results Financial Highlights: Total Income: Total Income at Rs 2,531 million for Q2FY25, with YoY growth of 71.0% over Q2FY24. EBITDA: EBITDA at Rs 378 million, an increase of 69.7% over Q2FY24, EBITDA margin stood at 14.9%. PAT: PAT at Rs 257 million, an increase of 69.8% over Q2FY24, PAT Margin was at 10.2%. Net Debt: Net Debt stood at Rs (663.9) million as on Sep’24. Business Highlights: Order Book: Rs 3,697 million as on Sep’24 against Rs 2,174 million as on Sep’23 Segmental Growth: Income from AI Systems has grown by 229% YoY, its contribution to the company's operating revenue increased to 14.8% in the September Quarter. Sanjay Lodha, Chairman and Managing Director, Netweb Technologies said: “We are delighted to report that our Total Income rose by 71.0% YoY for Q2FY25 and by 95.0% YoY for H1FY25, reaching Rs 2,531.1 million in Q2FY25 and Rs 4,061.2 million in H1FY25. EBITDA for Q2FY25 increased by 69.7% YoY to Rs 377.6 million, while for H1FY25, it surged by 97.0% YoY to Rs 616.4 million. EBITDA margin was 14.9% for Q2FY25 and 15.2% for H1FY25. Profit After Tax saw an increase of 69.8% YoY for Q2FY25 and 103.4% YoY for H1FY25, reaching Rs 257.2 million in Q2FY25 and Rs 411.6 million in H1FY25. PAT margin was 10.2% for Q2FY25 and 10.1% for H1FY25. With India's AI research ecosystem thriving through government initiatives and industry partnerships, the potential for innovation is immense. Netweb is well-positioned to harness these opportunities. Our strategic focus on three pillars—HPC, Private Cloud, and AI—keeps us at the forefront of technological evolution. AI has rapidly become a pivotal contributor to our revenue, growing its share to ~15% in H1FY25, with a growth 193% YoY increase. Fuelled by innovation, this strong growth highlights AI's role as a cornerstone of our business strategy and our future growth. Our business pipeline and order book remain strong. We’re pleased to state that we have started receiving export orders and this aligns with our growth strategy to enter overseas markets. Continuous improvements in our capabilities, along with the expansion of our operations and product range, position us well for ongoing growth while maintaining our technological leadership. “ Result PDF