NETWEB2024-04-012024-06-30 NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses04Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses05Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses06Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses07Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses08Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses09Member NETWEB2024-04-012024-06-30in-bse-fin:OneOperatingExpenses10Member NETWEB2024-06-30 NETWEB2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543945 NETWEB NOTLISTED Netweb Technologies India Limited Equity 2024-04-01 2025-03-31 2024-07-20 2024-07-12 INR Millions First quarter 12:00:00 13:10:00 2024-07-20 2024-07-20 Not applicable Single segment Computer Servers 2024-04-01 2024-06-30 Unaudited Standalone 1493160000.00 38890000.00 1532050000.00 1071560000.00 0.00 20190000.00 119320000.00 7750000.00 24270000.00 82110000.00 1325200000.00 206850000.00 0.00 206850000.00 54380000.00 -1970000.00 52410000.00 0.00 154440000.00 0.00 0.00 0.00 0.00 154440000.00 970000.00 155410000.00 0.00 0.00 56365868000000.00 2 2.74 2.74 0.00 0.00 2.74 2.74 1. The financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards notified under Section 133 of the Companies Act read with Companies (Indian Accounting Standards) Rules, 2015 (as amended) and is in compliance with presentation and disclosure requirement of regulation 33 of SEBI LODR (Listing Obligation and Disclosure Requirements) regulation 2015 (as amended). The financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meetings held on July 20, 2024. The statutory auditor of the company have expressed unmodified opinion on these financial results. 2. The figures for the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year ended on that date and published year to date figures upto the third quarter of the said financial year. 3. According to Indian Accounting Standards (Ind-AS) 108 on “Operating Segment” the Company has only one business segment i.e. “Computer servers”. 4. The Company has granted 9,05,472 ESOPs to the employees and Key managerial personnel of the Company on January 21, 2023 after taking necessary approvals as disclosed in the Prospectus filed with SEBI. The ESOPs will vest over 1-3 years. Accordingly, the Company has recorded a cost of Rs. 15.98 million for the quarter ended June 30, 2024. 5.The proceeds from IPO were 1940.24 millions (net of issue related expenses including GST). Details of utilisation of IPO Proceeds is as under: (In millions) Particulars Object of the issue as per prospectus Utilised upto 30.06.2024 Unutilised amount as on 30.06.2024 Funding Capital Expenditure requirements - Civil construction of the building for the SMT line and interior development 90.00 31.76 58.24 Funding Capital Expenditure requirements - Purchase of equipment/machineries for new SMT production line 232.86 72.16 160.70 Funding long term working capital requirements 1,280.22 527.27 752.95 Repayment or pre-payment, in full or in part, of certain of outstanding 225.00 225.00 - General Corporate Purposes (GCP) 112.16 112.16 - 6.The new manufacturing unit (Surface Mounted Technology Line) of the Company situated at Plot No 862, Sector 69, IMT Faridabad, Haryana, has commenced commercial production with effect from May 10, 2024. Legal & Professional Expenses 15390000.00 Office Expenses 7570000.00 Other 22810000.00 Packaging & Forwarding Expennses 660000.00 Postage & Courier Expenses 6480000.00 Rates & Taxes 590000.00 Rent Expenses 1470000.00 Technical Support Charges 7280000.00 Travelling & Conveyance Expenses 14820000.00 Utility Expenses 5040000.00 Re-measurement gains / (losses) on defined benefit plans 1300000.00 1300000.00 330000.00 0.00