ALPHA TRIBE

Creative Newtech LimitedImportant, 04-02-2025: Updates

04-02-2025 | 07:07 pm

Creative Newtech Limited has reported robust financial results for Q3 FY25, with total income reaching ₹625.18 Crores, marking a year-on-year increase of 26.12%. The EBITDA for the quarter stood at ₹14.91 Crores, showing impressive growth of 42.41%, and the EBITDA margin improved to 2.39%. The profit after tax (PAT) also rose significantly by 44.21% to ₹8.35 Crores, with a PAT margin of 1.33%.

For the nine-month period ending December 2024, total income was ₹1,308.11 Crores, representing a slight decline of 4.68% year-over-year. Nonetheless, the company achieved a 17.16% increase in EBITDA, which totaled ₹33.33 Crores, and the PAT grew by 24.93% to ₹19.09 Crores, indicating positive overall profitability trends.

Management emphasized their strategic positioning and adaptability in a shifting market, highlighting strong contributions from key brands like Honeywell and significant growth in product segments such as home audio systems and air purifiers. The company's dedication to expanding its online presence across e-commerce platforms further bolsters its market reach, suggesting a positive outlook for upcoming quarters.

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