Netweb Technologies India Reports Strong Financial Results, Signaling Growth in IT Sector
Netweb Technologies India announced its financial results for the quarter ending March 2025, highlighting strong performance in the IT software sector. Quarterly net sales reached Rs 414.65 crore, with significant increases in Profit Before Tax and Profit After Tax, both marking the highest figures in five quarters.
Netweb Technologies India has reported its financial results for the quarter ending March 2025, showcasing a notable performance in the IT software sector. The company has experienced a significant adjustment in its evaluation, with its score rising to 23 from 21 over the past three months.The quarterly net sales reached Rs 414.65 crore, reflecting a growth of 65.8% compared to the average net sales of the previous four quarters, which stood at Rs 250.07 crore. This marks the highest sales figure recorded in the last five quarters, indicating a strong near-term sales trend.
Profit Before Tax less Other Income (PBT) also saw a substantial increase, reported at Rs 55.40 crore, which is 78.1% higher than the average PBT of Rs 31.11 crore from the previous four quarters. Similarly, Profit After Tax (PAT) reached Rs 42.99 crore, growing by 70.0% compared to the average PAT of Rs 25.29 crore in the prior periods, also the highest in the last five quarters.
Operating Profit (PBDIT) was reported at Rs 59.77 crore, marking another peak in the last five quarters. The Earnings per Share (EPS) reached Rs 7.59, further indicating enhanced profitability for shareholders.
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