IT Consulting & Software company Netweb Technologies India announced 9MFY25 & Q3FY25 results Total Income at Rs 3,355 million for Q3FY25, with YoY growth of 30.1% over Q3FY24. EBITDA at Rs 455 million, an increase of 17.4% over Q3FY24, EBITDA margin stood at 13.6%. PAT at Rs 303 million, an increase of 16.6% over Q3FY24, PAT Margin was at 9.0%. Net Debt stood at Rs (737.2) million as on Dec’24. Order Book: Rs 3,603 million as on Dec’24. Segmental Growth: Income from AI Systems grew by 136.3% YoY during 9MFY25, its contribution to the company's operating revenue increased to 14.7% during the same period. Sanjay Lodha, Chairman and Managing Director, Netweb Technologies said: “We are delighted to report that we recorded our highest ever quarterly Income and PAT. Our Total Income rose by 30.1% YoY for Q3FY25 and by 59.0% YoY for 9MFY25, reaching Rs 3,355 million in Q3FY25 and Rs 7,413 million in 9MFY25. EBITDA for Q3FY25 increased by 17.4% YoY to Rs 455 million, while for 9MFY25, it went up by 52.9% YoY to Rs 1,071. million. EBITDA margin stood at 13.6% for Q3FY25 and 14.5% for 9MFY25. Profit After Tax saw an increase of 16.6% YoY for Q3FY25 and 54.6% YoY for 9MFY25, reaching Rs 303 million in Q3FY25 and Rs 715 million in 9MFY25. PAT margin stood at 9.0% for Q3FY25 and 9.6% for 9MFY25. In line with our growth strategy, export revenue contribution stood at 9.0% in Q3FY25, reflecting our efforts to expand the international market presence and capitalize on global opportunities. India's flourishing AI research ecosystem, supported by government initiatives and industry partnerships, presents immense innovation potential. Netweb is well-positioned to seize these opportunities, guided by our strategic focus on three pillars: HPC, Private Cloud, and AI. AI has emerged as a key revenue driver, contributing 14.7% in 9MFY25, with YoY growth of 136.3%. It gives me immense pride to share that in the NVIDIA AI Summit India 2024, Jensen Huang, CEO of NVIDIA, personally endorsed our latest AI GPU systems based on ARM architecture. This endorsement not only strengthens Netweb’s leadership in design and solutioning of AI Systems in India but also positions India to emerge as the AI factory of the world, with indigenous design and manufacturing capabilities. Our strong business pipeline and order book, coupled with ongoing capability enhancements and product expansion, position us for sustained growth while maintaining our technological leadership.” Result PDF
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