Netweb Technologies shares rally 13% after Q1 profit doubles on robust AI demand
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Netweb Technologies shares jumped 13% to Rs 2,295 in Friday’s intraday trade on the BSE after the high-end computing solutions provider reported strong first-quarter earnings, driven by surging demand for artificial intelligence (AI) infrastructure. In the quarter ended June 30, 2025, Netweb’s profit after tax more than doubled to Rs 30.5 crore, compared to Rs 15.24 crore in the same period last year. Operating income also rose 102% year-on-year to Rs 301.2 crore from Rs 149.3 crore in Q1FY25. The company reported an operating EBITDA of Rs 44.8 crore, up 127.2% YoY, with a margin of 14.9%. PAT margin stood at 10.1%. Net debt turned negative, standing at Rs (47.5) crore as of June 2025, indicating a net cash position. AI segment drives growth AI systems were a key growth driver for the company, with revenue from the segment rising 300% YoY and contributing 29% of the total operating income in the quarter. Netweb executed a large AI order i...