Announced Sat, 2 May · 19:39 IST

Netweb Technologies India Limited has informed the Exchange about change in Management

Management Changes View source PDF

NETWEB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹4069.00
prior close
₹4090.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.0-5.2-5.2-7.3+2.9+7.2+6.2+8.6+5.8-3.3-5.6+20.7+8.4
Up moveDown movePending
AI summary

Netweb Technologies reported strong FY2026 results with revenue of Rs 7,839.37 million (up from Rs 5,178.50 million in FY2025). Profit after tax stood at Rs 1,137.65 million, more than doubling from Rs 392.49 million. The Board recommended a final dividend of Rs 3.00 per share (150% of face value), subject to shareholder approval. Two senior employees were formally designated as Senior Management Personnel: Mr. Mukul Kedia as Chief Strategy Officer and Mr. Swastik Chakraborty as Vice President - Technology, effective May 2, 2026. New internal auditors, M/s Sankalp & Associates, were appointed for FY2026-27. The statutory auditors issued an unmodified opinion on the financial statements.

Likely market impact

The company demonstrated robust financial growth with over 100% increase in PAT year-on-year. The dividend recommendation signals confidence in financial health. Formalizing senior management roles provides clarity on leadership structure.