NETWEB2024-07-012024-09-30 NETWEB2024-07-012024-09-30 NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses03Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses04Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses05Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses06Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses07Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses08Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses09Member NETWEB2024-07-012024-09-30in-bse-fin:OneOperatingExpenses10Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses03Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses04Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses05Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses06Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses07Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses08Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses09Member NETWEB2024-07-012024-09-30in-bse-fin:FourOperatingExpenses10Member NETWEB2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543945 NETWEB NOTLISTED Netweb Technologies India Limited Equity 2024-04-01 2025-03-31 2024-10-19 2024-10-11 INR Millions Half yearly 13:00:00 14:25:00 2024-10-19 2024-10-19 true Cash Flow Indirect Not applicable Single segment Computer and Computer Servers 2024-07-01 2024-09-30 Unaudited Standalone 2510620000.00 20450000.00 2531070000.00 2287010000.00 0.00 -396250000.00 159030000.00 6570000.00 26390000.00 103720000.00 2186470000.00 344600000.00 0.00 344600000.00 88200000.00 -750000.00 87450000.00 0.00 257150000.00 0.00 0.00 0.00 0.00 257150000.00 280000.00 257430000.00 0.00 0.00 112730000.00 2 4.56 4.56 0.00 0.00 4.56 4.56 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 October 19, 2024. The statutory auditor of the company have expressed unmodified opinion on these financial results. 2. The Company has one subsidiary by the name of Netweb Foundation which is not-for-profit company licensed under section 8 of the Companies Act, 2013 vide CIN U80902HR2022NPL103903. The profits of Section 8 Companies are not available for distribution as dividends to the shareholders, so the requirement of consolidation of financials don’t arise. 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. 32.13 million for the quarter ended September 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 30-09-2024 Unutilised amount as on 30-09-2024 Funding Capital Expenditure requirements - Civil construction of the building for the SMT line and interior development 90.00 38.14 51.86 Funding Capital Expenditure requirements - Purchase of equipment/machineries for new SMT production line 232.86 87.85 145.01 Funding long term working capital requirements 1,280.22 1260.41 19.81 Repayment or pre-payment, in full or in part, of certain of outstanding 225.00 225.00 0.00 General Corporate Purposes (GCP) 112.16 112.16 0.00 Single segment 2024-04-01 2024-09-30 Unaudited Standalone 4003780000.00 57370000.00 4061150000.00 3358570000.00 0.00 -376060000.00 278350000.00 14320000.00 50660000.00 183860000.00 3509700000.00 551450000.00 0.00 551450000.00 142580000.00 -2720000.00 139860000.00 0.00 411590000.00 0.00 0.00 0.00 0.00 411590000.00 1250000.00 412840000.00 0.00 0.00 112730000.00 2 7.30 7.30 0.00 0.00 7.30 7.30 Legal and professional expenses 21500000.00 Office expenses 6360000.00 Packing & Forwarding Expenses 320000.00 Postage & Courier expenses 3830000.00 Rates & Taxes 540000.00 Remaining other expenses 43060000.00 Rent Expenses 1400000.00 Technical Support Charges 8630000.00 Travelling and Conveyance expenses 12280000.00 Utility Expenses 5800000.00 Legal and professional expenses 36890000.00 Office expenses 13930000.00 Packing & Forwarding Expenses 980000.00 Postage & Courier expenses 10310000.00 Rates & Taxes 1130000.00 Remaining other expenses 63900000.00 Rent Expenses 2870000.00 Technical Support Charges 15910000.00 Travelling and Conveyance expenses 27100000.00 Utility Expenses 10840000.00 391800000.00 27480000.00 0.00 0.00 16950000.00 8000000.00 0.00 0.00 0.00 0.00 0.00 43880000.00 43880000.00 11440000.00 94200000.00 593750000.00 2473210000.00 0.00 2514710000.00 482220000.00 670610000.00 0.00 43520000.00 3711060000.00 616350000.00 6800620000.00 7394370000.00 112730000.00 4447020000.00 4559750000.00 4559750000.00 11350000.00 50840000.00 62190000.00 27900000.00 0.00 0.00 8580000.00 98670000.00 3060000.00 2317790000.00 190860000.00 2511710000.00 183500000.00 4060000.00 36680000.00 0.00 2735950000.00 0.00 0.00 2834620000.00 7394370000.00 14320000.00 -1326640000.00 -680570000.00 0.00 -303720000.00 0.00 -2330000.00 0.00 0.00 1052910000.00 0.00 -117670000.00 0.00 50660000.00 0.00 0.00 3860000.00 8690000.00 0.00 -240000.00 0.00 50290000.00 32130000.00 0.00 0.00 0.00 2610000.00 0.00 0.00 -1316280000.00 -764830000.00 0.00 0.00 0.00 114750000.00 0.00 -879580000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 700000.00 131520000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 85920000.00 0.00 525720000.00 0.00 480820000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1880000.00 0.00 9410000.00 112740000.00 14800000.00 0.00 123060000.00 -15770000.00 -414530000.00 0.00 -414530000.00 896750000.00 482220000.00 280000.00 1250000.00 0.00 0.00 0.00 0.00