Netweb Technologies India Limited reported robust financial growth for the financial year ended March 31, 2026. The company achieved a total income of ₹22,024.05 million and a net profit of ₹2,058.16 million. Reflecting this strong performance, the Board of Directors has recommended a final dividend of ₹3.00 per equity share, representing 150% of the face value, subject to approval at the upcoming Annual General Meeting.
Financial Performance Highlights
For the full financial year ending March 31, 2026, Netweb Technologies delivered significant growth. The company reported a total income of ₹22,024.05 million compared to ₹11,584.11 million in the previous year. Net profit for the year surged to ₹2,058.16 million, up from ₹1,137.51 million in the prior fiscal year. The quarter ended March 31, 2026, contributed a total income of ₹7,839.37 million with a net profit of ₹705.93 million.
Shareholder Returns
In recognition of the company’s solid financial health and prudent balance sheet, the Board has recommended a final dividend of ₹3.00 per equity share (face value of ₹2.00). This payout constitutes 150% of the face value. The dividend is intended to reward shareholders while maintaining sufficient capital to pursue the company’s future growth opportunities. Payment will be processed within 30 days of approval at the Annual General Meeting.
Strategic Appointments
The company also announced the appointment of M/s. Sankalp & Associates as Internal Auditors for the 2025-26 financial year. Furthermore, the Board has elevated two key leaders to the Senior Management team, effective May 02, 2026: Mr. Mukul Kedia, who will serve as Chief Strategy Officer, and Mr. Swastik Chakraborty, who takes the role of Vice President – Technology.
Operational Updates
During the fiscal year, the company implemented a change in inventory valuation policy, moving from First-In-First-Out (FIFO) to a weighted average cost method to better align with industry practices. Additionally, the company continues to focus on its single business segment of computer servers, leveraging its recent ESOP allocations to retain and incentivize key managerial personnel to drive long-term value.
Source: BSE
