Stock Report

Netweb Technologies India Ltd Q3 FY2024 PAT higher at Rs. 26.01 crores



Posted On : 2024-01-23 18:50:07( TIMEZONE : IST )

Netweb Technologies India Ltd Q3 FY2024 PAT higher at Rs. 26.01 crores

Netweb Technologies India Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 257.913 crores during the period ended December 31, 2023 as compared to Rs. 148.002 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 26.014 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 15.141 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.76 for the period ended December 31, 2023 as compared to Rs. 2.70 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 257.913 crs ₹148.002 crs Up Tick / Down Tick74.26%
Net Profit ₹26.014 crs ₹15.141 crs Up Tick / Down Tick71.81%
EPS ₹4.76 ₹2.70 Up Tick / Down Tick76.30%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 257.913 crores during the period ended December 31, 2023 as compared to Rs.178.685 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.26.014 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.21.679 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.76 for the period ended December 31, 2023 as compared to Rs.4.26 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 257.913 crs ₹178.685 crs Up Tick / Down Tick44.34%
Net Profit ₹26.014 crs ₹21.679 crs Up Tick / Down Tick20.00%
EPS ₹4.76 ₹4.26 Up Tick / Down Tick11.74%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.466.134 crores during the 9 Months period ended December 31, 2023 as compared to Rs.321.962 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.46.246 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.36.411 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.45 for the 9 Months period ended December 31, 2023 as compared to Rs.7.15 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹466.134 crs ₹321.962 crs Up Tick / Down Tick44.78%
Net Profit ₹46.246 crs ₹36.411 crs Up Tick / Down Tick27.01%
EPS ₹8.45 ₹7.15 Up Tick / Down Tick18.18%

Shares of Netweb Technologies India Limited was last trading in BSE at Rs. 1364.20 as compared to the previous close of Rs. 1412.40. The total number of shares traded during the day was 9155 in over 1405 trades.

The stock hit an intraday high of Rs. 1455.00 and intraday low of 1341.80. The net turnover during the day was Rs. 12891500.00.

Source : Equity Bulls

Keywords

NetwebTechnologiesIndia Q3FY24 9MFY24 ResultUpdate