google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Hollywood News

Netweb Technologies Q4 results: Revenue leaps 90%, profit after tax jumps to ₹706 million, up 66% YoY — Key highlights

Netweb Technologies, a product and solution provider for companies including AMD, Intel, Nvidia and Samsung, announced its 26 Fiscal Year 4th Quarter results today, May 2. Income from operations remained in February According to the data of the company applied to the stock exchanges, it showed a momentum that continued throughout the year, reaching 7,737 million with an annual increase of 86.6%.

The company called this year a “turning point” with revenue up 90% year-on-year. 21,836 million in FY26. “This record annual performance underscores the strength of our business model and the growing demand for high-end computing systems in India,” Sanjay Lodha, President and Managing Director (CMD) of Netweb Technologies, said in the statement.

Netweb Technologies stock closed up 33.80 points or 0.84%. 4,064.80 on Thursday, April 30th.

According to Lodha, the defining feature of FY26 for the company was the performance of its Artificial Intelligence Systems segment, which grew at 459.6% annually. He added that Netweb contributed 43.4% of the total operating revenue in FY26. “Our two other core segments, HPC and Private Cloud, continue to demonstrate strong demand, strengthening the breadth and resilience of our technology portfolio,” he added.

Netweb Technologies board recommends dividend

Additionally, the company notified the stock exchanges that its board of directors recommended dividends. 3/share share.

“Reflecting the Company’s strong financial performance and commitment to rewarding shareholders while maintaining a prudent balance sheet, the Board recommended a final Dividend. At par value of 3 per Share 2 per share (150% of the nominal value) and is subject to shareholders’ approval at the next Annual General Meeting, the statement said.

He added that the recommendation “reflects the Board’s confidence” in Netweb’s outlook and its intention to “strike the right balance between rewarding shareholders and preserving good capital for the challenging opportunities ahead”.

In the statement, it was stated that the dividend will be paid within 30 days after its announcement at the next General Assembly and the Record Date will be announced in due course.

Disclaimer: This story is for educational purposes only. The opinions and recommendations expressed above are those of individual analysts or brokerage firms and not of Mint. We advise investors to consult certified experts before making any investment decisions.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button