E2E Networks Secures ₹177 Crore Deal, Shares Rise 10% to ₹2,643.40

E2E Networks share price rose 10% to ₹2,643.40 after securing a ₹177 crore contract from IndiaAI Mission. The company will allocate GPU resources to GNANI AI for building India's foundational model. In Q1FY26, E2E Networks reported operational revenue of ₹36.1 crore, down 12.6% YoY, and a loss of ₹2.8 crore at the PAT level.

E2E Networks, an Indian AI-centric hyperscaler, saw its share price rise by 10% to ₹2,643.40 on Wednesday, September 3, 2025. The surge was driven by the company's securing a ₹177 crore contract from IndiaAI Mission, a division under the Ministry of Electronics and Information Technology, Government of India.

The contract involves the allocation of GPU resources, specifically H100 SXM and H200 SXM GPUs, to GNANI AI for a period of 360 days, totaling 1,29,94,560 GPU hours. This deal is valued at approximately ₹177 crore [1].

In the first quarter of the fiscal year 2026 (Q1FY26), E2E Networks reported operational revenue of ₹36.1 crore, a decline of 12.6% year-over-year (YoY) from ₹41.3 crore in Q1FY25. The company also reported a loss of ₹2.8 crore at the profit after tax (PAT) level, compared to a profit of ₹10.1 crore in the same period last year. The PAT margin slipped to -7.9% from 24.5% in Q1FY25 [2].

E2E Networks specializes in providing advanced Cloud GPU infrastructure tailored for AI/ML, NLP, and computer vision workloads. The company is listed on the National Stock Exchange (NSE) and is known for its cutting-edge cloud computing solutions, including NVIDIA A100, H100, and H200 GPUs [2].

References:

[1] https://www.business-standard.com/markets/news/e2e-networks-locks-in-10-upper-circuit-on-bagging-deal-worth-nse-nifty50-market-125090300428_1.html

[2] https://www.business-standard.com/markets/capital-market-news/e2e-networks-jumps-after-receiving-order-worth-rs-177-cr-from-meity-125090300234_1.html