Netweb Technologies India standalone net profit rises 181.67% in the March 2024 quarter

Sales rise 115.49% to Rs 265.89 crore

Net profit of Netweb Technologies India rose 181.67% to Rs 29.66 crore in the quarter ended March 2024 as against Rs 10.53 crore during the previous quarter ended March 2023. Sales rose 115.49% to Rs 265.89 crore in the quarter ended March 2024 as against Rs 123.39 crore during the previous quarter ended March 2023.

For the full year,net profit rose 61.70% to Rs 75.90 crore in the year ended March 2024 as against Rs 46.94 crore during the previous year ended March 2023. Sales rose 62.73% to Rs 724.08 crore in the year ended March 2024 as against Rs 444.97 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales265.89123.39 115 724.08444.97 63 OPM %15.2112.29 -14.1615.74 - PBDT41.5415.40 170 108.2166.63 62 PBT39.8114.17 181 101.9662.97 62 NP29.6610.53 182 75.9046.94 62

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