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Netweb Technologies India Q1 Results Reported Total Income of ₹149.32 Cr. and Profit After Tax of ₹15.44 Cr

Netweb Technologies India Q1 Results show a YoY decrease in Total Income to ₹149.32 Cr. and a QoQ drop in Operating Profit to ₹17.57 Cr., with Profit After Tax at ₹15.44 Cr. and an Operating Margin of 11.77%, also Netweb Technologies India Q1 Results highlight a challenging financial period.

by P Nandhini

Updated Sep 09, 2024

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Netweb Technologies India Q1 Results Reported Total Income of ₹149.32 Cr. and Profit After Tax of ₹15.44 Cr

Netweb Technologies India Q1 Results: Netweb Technologies India announced their Q1 results for 2024-2025 on September 9, 2024, highlighting a significant decline in revenue. The company's revenue from operations decreased by 43.6% year-over-year (YoY), falling from ₹2,658.88 million in the previous quarter to ₹1,493.16 million.

Despite a slight quarter-over-quarter (QoQ) increase of 3.7%, their total income also saw a reduction of 43.3% YoY, from ₹2,698.28 million to ₹1,532.05 million. In addition to the revenue drop, the company’s total expenses were down by 42.3% YoY, from ₹2,300.28 million to ₹1,325.20 million.

Their profit before tax also experienced a decline of 48.1% YoY, decreasing from ₹398.00 million to ₹206.85 million. Although the profit for the period was up by 14.8% QoQ, from ₹296.57 million to ₹154.44 million, the overall results reflect a challenging quarter for Netweb Technologies India.

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Netweb Technologies India Q1 Results 2024 - 2025

Netweb Technologies India has released its Q1 results for the financial year 2024-2025, highlighting a mixed performance with notable growth in revenue despite a decline in profit before tax.

The company has reported its unaudited financial results for Q1 2024, showing a decrease in key financial metrics compared to the previous quarter. Below is a simplified table of the financial performance:

Particulars Q1 2024 Q4 2023
Revenue from Operations ₹1,493.16 million ₹2,658.88 million
Other Income ₹38.89 million ₹39.40 million
Total Income ₹1,532.05 million ₹2,698.28 million
Cost of Materials Consumed ₹1,071.56 million ₹2,038.03 million
Employee Benefits Expense ₹119.32 million ₹118.71 million
Finance Costs ₹7.75 million ₹28.31 million
Depreciation and Amortisation Expenses ₹24.27 million ₹17.29 million
Total Expenses ₹1,325.20 million ₹2,300.28 million
Profit Before Tax ₹206.85 million ₹398.00 million
Profit for the Period ₹154.44 million ₹296.57 million
Total Comprehensive Income ₹155.41 million ₹278.72 million
Earnings per Share (Basic) ₹2.74 ₹5.43

Source: Here

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Netweb Technologies India Current Market Overview

Netweb Technologies India is currently trading at ₹2,738 per share, showing a 4.88% increase in its price. The company has a market capitalization of ₹15,432 crore, reflecting its significant presence in the industry.

The stock has reached a high of ₹2,925 and a low of ₹739, with a Price-to-Earnings (P/E) ratio of 179, indicating high investor expectations for future growth. Netweb Technologies has a Return on Capital Employed (ROCE) of 38.4% and a Return on Equity (ROE) of 29.3%, showing strong profitability.

Despite a low dividend yield of 0.08%, the company's robust financial performance continues to attract attention in the market.

Metric Value
Current Price ₹2,738
Price Change +4.88%
Market Cap ₹15,432 Crore
52-Week High / Low ₹2,925 / ₹739
Stock P/E Ratio 179
Book Value ₹75.0
Dividend Yield 0.08%
Return on Capital Employed (ROCE) 38.4%
Return on Equity (ROE) 29.3%
Face Value ₹2.00
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Quarterly Results

Here is a summary of Netweb Technologies India’s quarterly results for the periods ending December 2023, March 2024, and June 2024:

In recent quarters, Netweb Technologies India has experienced fluctuations in its financial performance. Below is a detailed breakdown of the company’s key financial metrics for the last three quarters:

Metric Dec 2023 Mar 2024 Jun 2024
Sales (₹ Crore) 253 266 149
Expenses (₹ Crore) 219 225 129
Operating Profit (₹ Crore) 34 40 20
Operating Profit Margin (OPM %) 14% 15% 13%
Other Income (₹ Crore) 5 4 4
Interest (₹ Crore) 2 3 1
Depreciation (₹ Crore) 2 2 2
Profit Before Tax (₹ Crore) 35 40 21
Tax % 26% 26% 25%
Net Profit (₹ Crore) 26 30 15
EPS (₹) 4.64 5.26 2.74
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About Netweb Technologies India

Netweb Technologies India is one of the leading manufacturers of supercomputing systems in India, specializing in customized, high-performance computing solutions. The company has successfully installed over 300 supercomputing systems across various industries, meeting diverse customer needs with tailored hardware designs and advanced technology.

Netweb Technologies also developed the 'Tyrone' cluster management suite, a comprehensive software package for managing and optimizing supercomputing environments.

With a focus on innovation and quality assurance, the company operates a specialized testing facility to ensure the reliability and efficiency of its systems, making it a trusted name in the world of supercomputing.

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Netweb Technologies India Q1 Results - FAQs

1. What is the Total Income for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results show a Total Income of ₹149.32 Cr.

2. What was the Operating Profit for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results report an Operating Profit of ₹17.57 Cr.

3. What is the Profit After Tax for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results include a Profit After Tax of ₹15.44 Cr.

4. What is the Operating Margin for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results show an Operating Margin of 11.77%.

5. How did Netweb Technologies India perform in terms of Total Income in Q1?  

Netweb Technologies India Q1 Results indicate a Total Income of ₹149.32 Cr.

6. What is the Operating Profit percentage for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results show an Operating Margin of 11.77%.

7. What was the quarterly Profit After Tax for Netweb Technologies India?  

Netweb Technologies India Q1 Results reveal a Profit After Tax of ₹15.44 Cr.

8. How much did Netweb Technologies India earn in Operating Profit in Q1?  

Netweb Technologies India Q1 Results report an Operating Profit of ₹17.57 Cr.

9. What was the Operating Margin for Netweb Technologies India in the latest Q1?  

Netweb Technologies India Q1 Results show an Operating Margin of 11.77%.

10. What was the Profit After Tax figure for Netweb Technologies India in Q1?  

Netweb Technologies India Q1 Results show a Profit After Tax of ₹15.44 Cr.

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