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Netweb Technologies posts sharp profit growth on HPC demand
Netweb Technologies’ quarterly profit more than doubled to Rs 73.31 crore, driven by rising demand for high-performance computing and AI-related infrastructure.
Netweb Technologies reported a more than twofold rise in profit after tax to Rs 73.31 crore for the December quarter, supported by strong demand for high-performance computing systems. Revenue growth reflected increased orders linked to artificial intelligence workloads and data-intensive applications. The company continues expanding capacity to address rising domestic and enterprise infrastructure requirements.