Netweb Technologies Q2 profit soars 61% to ₹137 crore as AI demand surges
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
The company’s profit jumped 61% to ₹137 crore, signalling rapid growth driven by AI demand that could affect investors and the broader tech services market.
Netweb Technologies posted record quarterly revenue and profit in Q2 FY27, with first-half profit surpassing its full-year FY26 earnings. AI systems remained the key growth driver, contributing 59.9% of operating revenue in the first half, while the order book stood at ₹2,629 crore at the end of September.
Netweb Technologies is an Indian IT services firm that provides technology solutions, and its revenue is increasingly tied to artificial‑intelligence projects, a sector that is reshaping many industries.
- •Future quarterly results to see if AI‑driven growth continues
- •Changes in the order book size as new AI contracts are signed
- •Broader market trends in AI spending that could impact Netweb’s earnings