Netweb Technologies shares rally 13% after Q1 profit doubles on robust AI demand
Netweb Technologies shares jumped 13% to Rs 2,295 in Friday’s intraday trade on the BSE after the high-end computing solutions provider reported strong first-quarter earnings, driven by surging demand for artificial intelligence (AI) infrastructure.
In the quarter ended June 30, 2025, Netweb’s profit after tax more than doubled to Rs 30.5 crore, compared to Rs 15.24 crore in the same period last year. Operating income also rose 102% year-on-year to Rs 301.2 crore from Rs 149.3 crore in Q1FY25.
