Netweb Technologies Share Price At One-Month High On Robust Q4 Results

Shares of Netweb Technologies India Ltd. surged over 18% in trade on Monday after the company reported a rise of over 40% in its net profit for the quarter ended March 31.

Revenue grew by 24.2% to Rs 415 crore on a quarterly basis in the quarter under review, while net profit for the fourth quarter stood at Rs 42.9 crore, a rise of 42% from Rs 30.3 crore recorded in the previous quarter.

On an operational basis, earnings before interest and tax advanced 38.6% to Rs 56.6 crore versus Rs 40.8 crore, while the margin was up 13.6% from 12.2% earlier.

"India's vibrant AI research landscape and adoption across verticals, fuelled by government initiatives to develop indigenous LLMs, offers significant innovation opportunities," said Sanjay Lodha, chairman and managing director of the company.

"Netweb is strategically positioned to capitalise on this momentum, anchored by our focus on three pillars: HPC, Private Cloud, and AI Systems. In fiscal 2025, AI continued to be a major growth engine, contributing 14.8% to revenue with a 112.0% yearly increase," he added.

• Revenue up 24.2% at Rs 415 crore vs Rs 334 crore.

• EBIT grew 38.6% at Rs 56.6 crore vs Rs 40.8 crore.

• EBIT margin at 13.6% vs 12.2%.

• Net profit rose 42% at Rs 42.9 crore vs Rs 30.3 crore.

Shares of Netweb Technologies rose as much as 18.29% to Rs 1,681.80 apiece, the highest level since March 25. They pared gains to trade 16.95% higher at Rs 1,662.70 apiece, as of 10:32 a.m. This compares to a 0.52% advance in the NSE Nifty 50.

The stock has risen 39.77% on a year-to-date basis, but has fallen 14.40% in the last 12 months. Total traded volume so far in the day stood at 27 times its 30-day average. Relative strength index was at 62.66.

Two analysts tracking the company maintain a 'buy' rating, according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 0.6%.