Netweb Technologies has witnessed a remarkable 21% surge in its stock price over two days, driven by strong financial performance and product innovation. The company’s shares soared by 9.8% on February 20, closing at ₹1,617.95, signaling growing investor confidence in its strategic direction.
Netweb Technologies recently announced its Q3 FY25 results, reporting ₹334 crore in total revenue, marking a 30.1% year-on-year growth. The company’s EBITDA stood at ₹45 crore, with an EBITDA margin of 13.6%, while net profit (PAT) rose 16.6% YoY to ₹30 crore.
This positive momentum follows the launch of Skylus.ai, an AI-driven GPU workload management appliance aimed at optimizing computational efficiency in enterprise environments. With an order book valued at ₹360 crore, Netweb Technologies continues to demonstrate strong growth potential in the high-performance computing sector.
Industry analysts believe that Netweb’s strategic focus on AI and cloud infrastructure will further propel its market standing, making it a preferred choice for businesses investing in next-generation computing solutions.