Netweb Technologies has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported robust performance, leading the Board to recommend a final dividend of ₹3.00 per share. Additionally, the company has strengthened its leadership team with two key Senior Management appointments and named a new internal auditor for the upcoming fiscal year.
Strong Financial Growth
For the financial year ended March 31, 2026, Netweb Technologies demonstrated significant growth. The company reported annual revenue from operations of ₹21,835.63 million, a notable increase over the previous year. Profit before tax for the year stood at ₹2,765.20 million, underscoring the company’s solid operational performance. The board has recommended a final dividend of ₹3.00 per equity share (150% of the face value of ₹2), subject to approval at the upcoming Annual General Meeting.
Strategic Leadership Appointments
Effective May 2, 2026, the company has formally recognized two professionals as Senior Management Personnel (SMP) to bolster its strategic and technological initiatives:
- Mr. Mukul Kedia has been appointed as the Chief Strategy Officer. He brings over 16 years of experience in finance, taxation, and corporate strategy.
- Mr. Swastik Chakraborty has been appointed as Vice President – Technology. He brings over 25 years of expertise in cloud computing, AI, and semiconductor technologies.
Internal Audit and Operational Outlook
As part of its governance framework, the Board has approved the appointment of M/s. Sankalp & Associates as the Internal Auditors for the 2026-27 financial year. The firm will oversee audit and assurance, tax advisory, and risk management functions. These strategic moves, combined with a strong balance sheet, position the company to pursue future market opportunities in the high-growth technology sector.
Source: BSE
