Netweb Q2 FY27 results: AI systems drive revenue growth
India, Oct. 26 -- Netweb Technologies India reported a sharp increase in revenue and profit for the second quarter of FY27, driven by demand for artificial intelligence (AI) systems and high-performance computing (HPC) infrastructure.
The company's revenue from operations rose 335.7% year on year to Rs 1,323.3 crore in the quarter ended 30 September 2026, compared with Rs 303.7 crore in the corresponding period last year. Profit after tax (PAT) increased 334.8% to Rs 136.7 crore from Rs 31.4 crore, according to its financial results announced on 24 October.
Operating EBITDA rose 334% year on year to Rs 197.3 crore. However, the operating EBITDA margin was 14.9%, marginally below the 15% reported in Q2 FY26, indicating that profitability...
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