Meganet is poised to enter the Rs 1,000 crore revenue club within the next two years, according to founder and CEO Amrish Pipada. The homegrown company’s strong growth trajectory is expected to yield a 30-40% revenue increase in FY25, Pipada announced with confidence.
Meganet reported a revenue of Rs 300 crore for FY24. “We are on track to join the Rs 1,000 crore club within the next two years, driven by evolving market demands and our strategic growth initiatives,” Pipada stated. “Our plan involves accelerating our core business by focusing on delivering high-quality products and services, investing in marketing and operational efficiency, and expanding into high-potential emerging technologies such as semiconductor fabrication, immersion cooling technology, and AI servers.”
In the past year, Mega Networks delivered between 5,000 and 6,000 servers. The company now aims to ramp up its server delivery to 8,000 units in the current fiscal year, reflecting its commitment to meeting increased demand and scaling operations.
Meganet’s ambitious growth plans highlight its strategic focus on innovation and market expansion, positioning the company for significant milestones in the near future.
