Enterprise AI
Netweb Technologies reported a 334.8% year-on-year increase in profit after tax to ₹136.7 crore in Q2 FY27, driven by rising demand for high-performance computing (HPC) and artificial intelligence infrastructure. Revenue from operations grew 335.7% to ₹1,323.3 crore, marking its highest-revenue quarter to date.
Headquartered in Faridabad, Netweb supplies computing systems for AI, supercomputing, private cloud and enterprise workloads. AI systems generated ₹1,283.6 crore in revenue during the first half of FY27, up 735.8% year on year, accounting for 59.9% of operating revenue.
Operating EBITDA rose 334% to ₹197.3 crore, with a margin of 14.9%. Net debt stood at ₹13.6 crore as of September 30, 2026.
The company closed the quarter with an order book of ₹2,629 crore and an additional L1 position of ₹652.5 crore. Its active opportunity pipeline stood at ₹11,151.8 crore, representing potential business opportunities.
Netweb also raised ₹1,200 crore through its first capital issuance since its July 2023 listing to support working capital, production and expansion.
The results highlight the growing demand for locally deployed AI infrastructure and high-performance computing systems in India.
