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Netweb Technologies - Quaterly Results

01 May 2024 Evaluate
The total revenue surged to Rs. 2658.88 millions, up 115.49% for the March 2024 quarter as against Rs. 1233.90 millions during the year-ago period.The Net Profit of the company vaulted to 181.78% to Rs. 296.57  millions from Rs. 105.25 millions in the previous quarter.Operating profit for the quarter ended March 2024 rose to 443.60 millions as compared to 163.95 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 2658.88 1233.90 115.49 7240.75 4449.72 62.72 7240.75 4449.72 62.72
Other Income 39.40 12.29 220.59 118.87 6.78 1653.24 118.87 6.78 1653.24
PBIDT 443.60 163.95 170.57 1144.16 706.93 61.85 1144.16 706.93 61.85
Interest 28.31 10.02 182.53 62.08 40.73 52.42 62.08 40.73 52.42
PBDT 415.29 153.93 169.79 1082.08 666.20 62.43 1082.08 666.20 62.43
Depreciation 17.29 12.34 40.11 62.52 36.57 70.96 62.52 36.57 70.96
PBT 398.00 141.59 181.09 1019.56 629.63 61.93 1019.56 629.63 61.93
TAX 101.43 36.34 179.11 260.53 160.27 62.56 260.53 160.27 62.56
Deferred Tax 6.07 0.36 1586.11 3.38 4.11 -17.76 3.38 4.11 -17.76
PAT 296.57 105.25 181.78 759.03 469.36 61.72 759.03 469.36 61.72
Equity 112.73 101.85 10.68 112.73 101.85 10.68 112.73 101.85 10.68
PBIDTM(%) 16.68 13.29 25.56 15.80 15.89 -0.54 15.80 15.89 -0.54
Peers
Company Name CMP
Ivalue Infosolutions 225.10
Control Print 589.95
TVS Electronics 390.00
Schneider Electric 1790.00
NELCO 1012.45
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