Version 1: Indian AI server maker Netweb earns a record Rs 137 crore profit in three months

Sales jumped to Rs 1,323 crore in July to September 2026 as AI machines led the way. Here is what the company makes and what its numbers mean.

Picture a small Indian company that builds the giant computers which help chatbots think. In just three months, from July to September 2026, it made sales of more than Rs 1,300 crore. A year earlier, the same three months brought in about Rs 300 crore. That company is Netweb Technologies, and it shared these numbers on Saturday, 24 October 2026.

Netweb is based in Haryana. Its profit for the quarter was Rs 136.7 crore, about 4.3 times what it made a year ago. The company called it its best quarter ever. Here is what it sells, why sales are racing, and what all the money words mean.

First, what does Netweb make?

Your phone or laptop is a computer for one person. A server is a much stronger computer that works for thousands of people at once. When you open an app, a server somewhere sends you the answer.

An AI server is a server packed with special chips that can do huge amounts of maths very fast. Chatbots learn by reading mountains of text, and that learning happens on machines like these. Think of an AI server as a gym where AI models train every day. The bigger the gym, the faster they get strong.

Netweb designs and builds these machines itself. It calls itself one of India's largest makers of supercomputing systems, with more than 500 installed. A supercomputer is many powerful computers joined together so they work like one giant brain, used for things like weather forecasts and science research. The company sells servers under its own brand name, Tyrone, and has built over 200 server models.

In this February 2026 interview, chairman Sanjay Lodha talks about the company's long work with Nvidia, the American chip giant whose chips power many AI machines.

Watch on YouTube

The big numbers, made simple

Think of a samosa stall. All the money customers pay you in a day is your revenue. What is left after paying for potatoes, oil, rent and helpers is your profit.

For July to September 2026, Netweb's revenue from operations was Rs 1,323.3 crore, against Rs 303.7 crore in the same months of 2025. Profit after tax, the money left after every bill and tax, was Rs 136.7 crore, up from Rs 31.4 crore. These are the company's consolidated numbers, which means the whole group added together.

Companies split their money year into four parts of three months each, called quarters. India's money year runs from April to March, so July to September 2026 is Q2 FY27, the second quarter of the year that ends in March 2027.

Year on year, quarter on quarter

There are two common ways to check growth. Year on year compares a quarter with the same quarter last year, like checking your height on this birthday against last birthday. Quarter on quarter compares it with the three months just before, like checking your height against three months ago.

Year on year, sales grew about 4.4 times. Quarter on quarter, the jump was smaller but still big. Revenue rose 61% from about Rs 820 crore in April to June, and profit rose more than 60% in those same three months.

A counter rises to Rs 1,323 crore while three bars grow: a year ago, last quarter and this quarter — Sales in one quarter, a year ago, last quarter and now.

AI machines did most of the work

Netweb sells three main kinds of things. In the quarter, AI systems brought in Rs 773.1 crore, or 58.4% of revenue. High performance computing, the supercomputer side, brought in Rs 248.2 crore. Private cloud brought in Rs 244.8 crore.

A private cloud is like having your own water tank at home instead of sharing the colony tank. A company keeps its data and apps on machines only it uses, instead of renting space on a shared service.

AI sales grew 11 times from a year ago. BusinessLine says the big jump in profit was driven by demand from AI infrastructure. In simple words, more and more companies want the heavy machines that AI tools run on.

Three bars: AI systems Rs 773 crore, supercomputers Rs 248 crore and private cloud Rs 245 crore — AI systems brought in more than the other two lines put together.

Six months beat a whole year

Here is a fun fact from the results. Netweb's profit for the first half of this money year, April to September 2026, was Rs 222 crore, more than its full-year profit of Rs 205.8 crore for April 2025 to March 2026. That is like scoring more runs in the first 25 overs than in a whole 50-over match last season.

Two cards: profit of Rs 205.8 crore in all of FY26 and Rs 222 crore in the first half of FY27 — Half a year of profit beat the whole of last year.

Sanjay Lodha, the company's chairman and managing director, called Q2 FY27 "another record quarter for Netweb Technologies".

Is the business healthy inside?

Big sales mean little if costs eat everything. One word helps here: EBITDA. It is the money a business earns from its daily work, before paying interest on loans, tax and the slow wearing out of its machines. Netweb's EBITDA was Rs 197.3 crore, and its margin was 14.9%.

The margin tells you how much of every Rs 100 of sales stays with the business. A margin of 14.9% means about Rs 15 out of every Rs 100. The margin stayed steady even as sales grew fast, which Lodha said shows "strong execution and operational discipline".

Orders waiting in the queue

An order book is the list of orders a company has taken but not yet delivered. Imagine a cake shop with advance orders for birthdays next month. The money is not in the till yet, but the work is lined up.

Netweb's order book stood at Rs 2,629 crore on 30 September 2026, with another Rs 652.5 crore where it was the "L1". In a tender, where a buyer asks many companies to bid for one order, L1 is the lowest bidder, the one usually first in line to win the order. Lodha said this gives "strong revenue visibility for the coming quarters", meaning the company can see a lot of future sales already.

He also spoke of an "active pipeline of Rs 11,151.8 crore". A pipeline is the list of deals still being discussed, not yet signed. Many may not turn into orders, so it is a sign of interest, not money in hand.

Old buyers keep coming back too. More than 94% of revenue in April to September came from repeat customers, and it added 49 new customers.

Fresh money and a step abroad

During the quarter, Netweb raised Rs 1,200 crore, its first fund raise since it listed on the stock market in July 2023. Think of a growing shop that brings in fresh money from investors so it can buy more stock and do bigger orders.

The board also approved a plan to set up a fully owned company in Taiwan, as reported by Informist. Taiwan is home to many of the makers of chips and computer parts.

Why should a student care?

Every time you ask a chatbot a question, a server somewhere does the thinking. Netweb shows that an Indian company that designs and builds these machines can grow fast when demand for AI rises. It also shows how to read results like a pro: check revenue, profit, margin and the order book, and compare both year on year and quarter on quarter.

Results tell you what already happened. They do not promise what comes next, and this post is not advice to buy or sell any share.

As it was first published

Indian AI server maker Netweb earns a record Rs 137 crore profit in three months