Netweb Technologies posts ₹853.23 million Q1 FY27 profit as AI Systems revenue jumps 484.20%
AI Market Summary
Netweb Technologies posted outsized Q1FY27 growth, with PAT up 179.94% YoY and AI Systems revenue up 484.20%, reinforcing demand for indigenous AI compute and HPC infrastructure in India. A strong order book (₹25.07bn) and additional L1 bids (₹8.48bn) add near-term revenue visibility, though slightly softer EBITDA margin suggests incremental cost pressure. The read-through is supportive for India's AI hardware and broader tech sentiment.
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NCSINIFTY52USD/USDT-0.03%
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▲ Bullish
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Netweb Technologies India reported Q1 FY27 net profit of ₹85.32 crore, up 179.94% year on year. Revenue from its AI Systems business rose to ₹51.06 crore, a 484.20% increase from the year-earlier period. Total revenue reached ₹81.97 crore, expanding 172.13% from a year ago. The results highlight the company’s rapid scale-up as a domestic supplier of AI servers and high-performance computing systems in India.
