Netweb Technologies India Limited announced a record-breaking Q2 FY27, with revenue from operations soaring to ₹1,323 crore, a 335.7% year-on-year increase. Profit after tax reached ₹137 crore. The company’s strong performance was primarily driven by the robust demand for AI systems, high-performance computing (HPC), and private cloud infrastructure. Netweb also highlighted a significant order book of ₹2,629 crore.
Netweb Technologies Reports Record Q2 FY27 Results
Netweb Technologies India Limited has announced a stellar performance for the second quarter of the financial year 2027 (Q2 FY27), marked by a record-breaking revenue and profit. The company reported revenue from operations of ₹1,323 crore, showcasing an impressive year-on-year growth of 335.7%. This marks a significant achievement, surpassing previous quarterly performances.
Financial Highlights and Growth Drivers
Operating EBITDA for the quarter stood at ₹197 crore, with a margin of 14.9%, reflecting a 334% year-on-year increase. Profit after tax (PAT) for Q2 FY27 reached ₹137 crore, growing by 334.8% year-on-year and achieving a margin of 10.2%. The company attributed this substantial growth to the strong demand for AI systems, which contributed 58.4% of the total revenue, registering a growth of 1,068.1% year-on-year. High-Performance Computing (HPC) and private cloud segments also showed robust performance, contributing significantly to the overall results.
Strong Order Book and Future Outlook
As of September 30, 2026, Netweb Technologies had an order book of ₹2,629 crore, with an additional L1 position of ₹653 crore, indicating strong revenue visibility for the upcoming quarters. The company also successfully raised ₹1,200 crore through its first capital raise since listing in July 2023, bolstering its financial flexibility. Management expressed confidence in sustaining growth, driven by the increasing demand for indigenous computing capabilities and end-to-end technology solutions, particularly within the burgeoning Indian AI ecosystem.
Industry Landscape and Strategic Focus
The company highlighted the unprecedented surge in global demand for AI compute, with India emerging as a significant growth market. Netweb’s strategic focus on integrated design, in-house manufacturing, and end-to-end solution deployment positions it well to capitalize on these opportunities. Furthermore, initiatives like the National Supercomputing Mission 2.0 are expected to drive further demand for domestic compute infrastructure. The company also noted its ongoing R&D efforts in physical AI and quantum computing, alongside the establishment of a wholly-owned subsidiary in Taiwan to enhance its R&D capabilities.
Source: BSE
