Netweb Technologies Announces Strong Q2 FY25 Results with 71% YoY Growth in Total Income
Netweb Technologies India Limited, a leading Indian-owned OEM specializing in high-end computing solutions, released its financial results for the second quarter of FY25.
Netweb Technologies, recognized for providing cutting-edge solutions across industries including IT, BFSI, government, defense, and education, reported significant growth in Q2 FY25. The company’s total income reached ₹2,531.1 million, marking a 71% year-on-year (YoY) increase compared to Q2 FY24. The company’s Board of Directors approved the unaudited financial results during a meeting held on October 19, 2024.
Key Financial Highlights:
- Total Income: ₹2,531.1 million in Q2 FY25, a 71% increase YoY
- EBITDA: ₹377.6 million, up 69.7% YoY, with an EBITDA margin of 14.9%
- PAT: ₹257.2 million, reflecting a 69.8% YoY growth with a 10.2% PAT margin
- Order Book: ₹3,697 million as of September 2024, compared to ₹2,174 million in September 2023
Netweb’s focus on AI systems yielded significant results, with the segment witnessing a 229% YoY growth. AI now contributes 14.8% to the company’s overall revenue in the September quarter, reflecting the growing importance of AI technologies in Netweb’s portfolio.
Strategic Growth and Outlook
Commenting on the performance, Mr. Sanjay Lodha, Chairman and Managing Director of Netweb Technologies, expressed satisfaction with the results. “Our total income rose by 71% YoY in Q2 FY25 and 95% in H1 FY25. AI’s rapid growth within our portfolio, with a YoY increase of 193% in H1 FY25, highlights its strategic importance for us,” Lodha said.
Netweb’s business outlook remains robust, supported by a strong order book and expanding opportunities, particularly in AI and high-performance computing (HPC). The company has also started receiving export orders, marking a significant step towards international market expansion.
Founded in 1999, Netweb Technologies continues to be a leader in high-end computing, with a fully integrated design and manufacturing setup, serving a broad range of industries globally.
