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Netweb Technologies Q3 profit jumps multifold to Rs 733 crore

High computing solutions firm rel=”dofollow” href=”https://economictimes.indiatimes.com/netweb-technologies-india-ltd/stocks/companyid-2138771.cms” target=”_blank”>Netweb Technologies on Saturday posted its highest-ever quarterly profit with about a two and half times jump in profit after tax (PAT) at Rs 733.1 crore in the October-December period. The company’s performance was driven by demand for artificial intelligence, growth in private cloud and high performance computing solutions. […]

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Netweb Technologies Q3 profit jumps multifold to Rs 733 crore

High computing solutions firm rel=”dofollow” href=”https://economictimes.indiatimes.com/netweb-technologies-india-ltd/stocks/companyid-2138771.cms” target=”_blank”>Netweb Technologies on Saturday posted its highest-ever quarterly profit with about a two and half times jump in profit after tax (PAT) at Rs 733.1 crore in the October-December period.

The company’s performance was driven by demand for artificial intelligence, growth in private cloud and high performance computing solutions.

The company had posted a PAT of about Rs 297 crore in the same quarter a year ago.

The company also posted its highest-ever quarterly revenue of Rs 8,115.6 crore during the quarter, around 2.4 times…

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