Netweb Technologies’ stock witnessed a 10% decline following the release of its unaudited financial results for Q3 FY25. Despite robust growth, the stock is in red. As of 9:25 AM, the shares were trading 8.14% lower at Rs 2,148.00.
Key Highlights:
- Revenue: ₹333.99 crore, up 31.8% YoY from ₹253.40 crore in Q3 FY24 and 33% QoQ from ₹251.06 crore in Q2 FY25.
- Net Profit: ₹30.32 crore, a 16.6% YoY increase from ₹26.01 crore in Q3 FY24, and 17.9% QoQ from ₹25.72 crore in Q2 FY25.
Nine-Month Performance (April–December 2024):
- Revenue: ₹734.37 crore, a remarkable 60.2% YoY jump from ₹458.18 crore.
- Net Profit: ₹71.48 crore, up 54.5% YoY from ₹46.25 crore.
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TOPICS:
Netweb Technologies