Netweb Technologies Reports Over Twofold Rise in Q3 Profit and Revenue

Netweb Technologies reported its highest-ever quarterly profit after tax of Rs 73.31 crore for October-December, more than doubling from Rs 29.7 crore in the same period last year. Revenue also more than doubled to Rs 811.56 crore. The growth was driven by increased demand for artificial intelligence, private cloud, and high-performance computing solutions. The company executed a strategic order worth Rs 450.39 crore, reinforcing its position as India's largest OEM in high-end computing solutions, according to Chairman and Managing Director Sanjay Lodha.