$NETWEB Delivers Record Q1 as AI Boom Drives Explosive Growth

$NETWEB reported a record Q1FY27 performance, with net profit surging over two-fold to ₹85.3 crore and revenue more than doubling to ₹819.6 crore, driven by exceptional demand for its AI infrastructure solutions. The AI Systems segment emerged as the primary growth engine, contributing over 62% of revenue with nearly five-fold YoY growth, while the company's order book expanded to ₹2,507 crore, providing strong revenue visibility. Management remains optimistic that India's accelerating investments in sovereign AI, high-performance computing and domestic AI infrastructure will support sustained long-term growth.