This Data Center company which is in the business of an AI-focused hyperscale cloud platform while offering advanced cloud GPUs and an ecosystem of cloud technologies designed for the AI or ML applications development and deployment plans to increase its capacity to 10.2MW to meet AI and Cloud services demand.
Share Price Movement
In Monday’s trading session, E2E Networks’ share price was down by 5.00 percent to the day’s low of Rs. 2,187.45 and closed at the same price. The stock reiterated from the day’s high and closed at Rs. 2,187.45 which is 5.00 percent lower from the previous close of Rs. 2,302.55 per share. In the past year, the stock has given around 178 percent returns and outperformed the Nifty Index.
Future & Expansion Plans
E2E Networks is focused on expanding its AI and cloud infrastructure and plans to grow its data center capacity from 4.2 megawatts to 10.2 megawatts to meet the rising demand for AI and cloud services. The company is deepening its strategic partnership with L&T to leverage expertise in data center management and enterprise AI solutions. They have raised around Rs. 1,000 crores from L&T for next-generation cloud GPUs and GPU clusters.
They continue to invest in advanced cloud GPU technology and its Artificial Intelligence or Machine Learning platform called TIR. It helps businesses in AI training and inference workloads. The company is also exploring enterprise and government collaborations, including the IndiaAI initiative.
It has recently raised funds that will be strategically allocated for future infrastructure development. Additionally, E2E intends to build next-generation cloud GPUs, through NVIDIA’s Blackwell series, to improve its offerings. The expansion into a second data center near Chennai can further strengthen its market position and scale its cloud services.
Financials
In its latest filing for the quarter ending December 2024, the company reported a 75 percent rise in revenue, reaching Rs.42 crore compared to Rs.24 crore in Q3FY24. During the same period, net profit increased by 100 percent to Rs.12 crore in Q3FY25, compared to Rs.6 crore in Q3FY24.
Company Profile
E2E Networks is an NSE-listed cloud provider that specializes in cloud computing infrastructure and managed services, with a focus on advanced Cloud GPU solutions for AI or ML workloads. They offer services to over 10,000 customers.
Written by Santhosh S
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