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The order is valued at approximately Rs 450 crore and is scheduled to be executed by the end of FY 2025–26.
The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority and the transaction does not qualify as a related party transaction under applicable regulations.
The company designs and manufactures advanced computing infrastructure including AI systems, high-performance computing clusters, storage and data center servers. Its in-house R&D and Make-in-India manufacturing capabilities position it as a key partner in building sovereign AI and compute systems.
On the earnings front, standalone net profit doubled 100.03% to Rs 30.47 crore in Q1 FY26, while revenue from operations rose 101.73% to Rs 301.21 crore versus Q1 FY25.
The counter surged 7.90% to end at Rs 3,280.10 on the BSE on Friday, 19 September 2025.
Kesoram Industries Ltd, Netweb Technologies India Ltd, Electronics Mart India Ltd and Metropolis Healthcare Ltd are among the other losers in the BSE's 'A' group today, 12 September 2025.
Paradeep Phosphates Ltd crashed 6.07% to Rs 170.1 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 12.51 lakh shares were traded on the counter so far as against the average daily volumes of 5.96 lakh shares in the past one month.
Kesoram Industries Ltd tumbled 4.23% to Rs 4.98. The stock was the second biggest loser in 'A' group.On the BSE, 6.39 lakh shares were traded on the counter so far as against the average daily volumes of 1.59 lakh shares in the past one month.
Netweb Technologies India Ltd lost 3.38% to Rs 2900. The stock was the third biggest loser in 'A' group.On the BSE, 88138 shares were traded on the counter so far as against the average daily volumes of 2.95 lakh shares in the past one month.
Electronics Mart India Ltd plummeted 3.35% to Rs 148.55. The stock was the fourth biggest loser in 'A' group.On the BSE, 55767 shares were traded on the counter so far as against the average daily volumes of 5.14 lakh shares in the past one month.
Metropolis Healthcare Ltd shed 3.19% to Rs 2055.4. The stock was the fifth biggest loser in 'A' group.On the BSE, 1981 shares were traded on the counter so far as against the average daily volumes of 2751 shares in the past one month.
The order will deploy Netweb's GPU-accelerated platforms built on NVIDIA's Blackwell architecture, with execution scheduled between Q4 FY26 and H1 FY27. Deliveries will be made through its Tyrone Camarero AI platform, designed for generative AI, foundational model training and exascale computing.
Chairman and MD Sanjay Lodha said the project underlines the growing need for sovereign compute capabilities and will aid India’s rise as an AI superpower. He added that while the deal is outside Netweb’s recurring business, it is expected to boost revenue and profitability during execution.
As of 30 June 2025, Netweb's order pipeline stood at Rs 4,142.1 crore, excluding the new mandate.
The order will deploy Netweb’s GPU-accelerated platforms built on NVIDIA’s Blackwell architecture, with execution scheduled between Q4 FY26 and H1 FY27.
The systems will be delivered through its Tyrone Camarero AI platform designed for generative AI, foundational model training and exascale computing.
Chairman and MD Sanjay Lodha said the order reflects the growing importance of sovereign compute capabilities and will help India emerge as an AI superpower. He added that while the order is strategic and outside Netweb’s recurring business, it is expected to boost revenue and profits during the execution period.
As of 30 June 2025, the company's order pipeline stood at Rs 4,142.1 crore, excluding this new order.
Netweb Technologies India designs and manufactures advanced computing infrastructure including AI systems, High-Performance Computing (HPC) clusters, storage and data center servers. Its in-house R&D and Make-in-India manufacturing capabilities position it as a key partner in building sovereign AI and compute systems.
The company’s standalone net profit surged 100.03% to Rs 30.47 crore on 101.73% jump in revenue from operations to Rs 301.21 crore in Q1 FY26 over Q1 FY25.