Netweb Technologies Q3FY25 results: Net profit rises 16% to Rs 30.3 crore

Domestic IT server maker Netweb Technologies posted a 16.56 per cent growth in profit to Rs 30.32 crore in the third quarter ended December 31, 2024, driven by demand for artificial intelligence-related projects, the company said in a regulatory filing on Saturday.

Netweb Technologies had posted a profit of Rs 26 crore in the same period a year ago.

The revenue from operations of Netweb increased by about 32 per cent to Rs 334 crore during the reported quarter from Rs 253.4 crore in the December quarter of the last fiscal.