Netweb Technologies India announced that the 25th Annual General Meeting (AGM) of the company will be held on 17 August 2024.Powered by Capital Market - Live News

Net profit of Netweb Technologies India rose 203.34% to Rs 15.44 crore in the quarter ended June 2024 as against Rs 5.09 crore during the previous quarter ended June 2023. Sales rose 149.70% to Rs 149.32 crore in the quarter ended June 2024 as against Rs 59.80 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales149.3259.80 150 OPM %13.3914.43 - PBDT23.118.09 186 PBT20.686.80 204 NP15.445.09 203 Powered by Capital Market - Live News

Netweb Technologies India will hold a meeting of the Board of Directors of the Company on 20 July 2024.Powered by Capital Market - Live News

Netweb Technologies announced the inauguration of India`s flagship end-to-end high-end computing servers, storage and switch manufacturing facility. The inauguration ceremony took place today at its new facility in Faridabad, signifying a major stride forward in bolstering the Government of India`s Make in India initiative. The new facility signifies a comprehensive leap in manufacturing capabilities for cutting-edge computing systems. It encompasses the entire spectrum, from designing Printed Circuit Boards (PCBs) to surface mounting on PCBs and finally the production of complete systems, showcasing India`s prowess in creating sophisticated technology products. It also demonstrates Netweb`s steadfast commitment to fostering innovation and bolstering selfreliance in India`s technology sector. The new facility will enable Netweb to manufacture `Make in India` high-end computing systems based on the latest new generation chips from our technology partners Intel, NVIDIA and AMD. It will also enable Netweb to market its products and solutions to new industry verticals, which demands critical and high-performance computing architectures. The new facility is also very well equipped in meeting demands of the ever-evolving requirement of private cloud, AI Cloud, compute data centres and more specifically AI workloadsPowered by Capital Market - Live News

Netweb Technologies India announced that the Board of Directors of the Company at its meeting held on 1 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live News