Netweb Technologies Reports Strong Q3 FY24-25 Growth Amid Market Adjustments

Feb 07 2025 07:00 PM IST
share
Share Via
Netweb Technologies India, a midcap IT software firm, recently experienced a score adjustment reflecting its strong financial performance in Q3 FY24-25. The company reported significant annual growth in net sales and operating profit, alongside a high return on equity and a low debt-to-equity ratio, indicating solid operational efficiency.
Netweb Technologies India, a midcap player in the IT software industry, has recently undergone an adjustment in its evaluation, reflecting the company's strong financial metrics and market position. The latest quarter, Q3 FY24-25, showcased very positive performance, highlighted by a remarkable annual growth rate in net sales of 71.20% and an operating profit increase of 70.91%. The company reported its highest net sales at Rs 333.99 crore and a peak PBDIT of Rs 43.93 crore, indicating robust operational efficiency.

Management efficiency is underscored by a high return on equity (ROE) of 17.95%, coupled with a low debt-to-equity ratio, which stands at an average of 0 times. This financial stability is complemented by a consistent track record, as Netweb Technologies has declared positive results for six consecutive quarters.

Despite these strengths, the stock is currently positioned in a bearish technical range, with some indicators suggesting a shift from a mildly bullish trend. Additionally, there has been a slight decline in institutional investor participation, which may warrant attention.

For those interested in tracking the evolving financial landscape of Netweb Technologies India, further insights can be found here: Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News