Netweb Technologies India Ltd posts Rs. 29.65 crores consolidated profit in Q4 FY2024

Netweb Technologies India Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 269.828 crores during the period ended March 31, 2024 as compared to Rs. 257.913 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 29.657 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 26.014 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 5.43 for the period ended March 31, 2024 as compared to Rs. 4.76 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 269.828 crs	₹257.913 crs	4.62%
Net Profit	₹29.657 crs	₹26.014 crs	14.00%
EPS	₹5.43	₹4.76	14.08%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 269.828 crores during the period ended March 31, 2024 as compared to Rs.124.619 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.29.657 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.10.525 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.5.43 for the period ended March 31, 2024 as compared to Rs.1.92 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 269.828 crs	₹124.619 crs	116.52%
Net Profit	₹29.657 crs	₹10.525 crs	181.78%
EPS	₹5.43	₹1.92	182.81%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.735.962 crores during the Financial Year ended March 31, 2024 as compared to Rs.445.650 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.75.903 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.46.936 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.13.88 for the Financial Year ended March 31, 2024 as compared to Rs.9.07 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹735.962 crs	₹445.650 crs	65.14%
Net Profit	₹75.903 crs	₹46.936 crs	61.72%
EPS	₹13.88	₹9.07	53.03%

Shares of Netweb Technologies India Limited was last trading in BSE at Rs. 1853.65 as compared to the previous close of Rs. 1765.40. The total number of shares traded during the day was 34950 in over 698 trades.

The stock hit an intraday high of Rs. 1853.65 and intraday low of 1853.65. The net turnover during the day was Rs. 64785067.00.

Source : Equity Bulls

Keywords

NetwebTechnologiesIndia Q4FY24 FY2024 ResultUpdate