Creative Newtech Limited — Important, 04-02-2025: Updates
Creative Newtech Limited reported a solid Q3 FY25, with total income reaching ₹670.58 crore, a 29.88% increase year-on-year, driven primarily by robust sales from Samsung, ViewSonic, Cooler Master, and Honeywell. EBITDA rose sharply to ₹23.72 crore, marking a 45.76% growth, and the EBITDA margin improved to 3.54%, reflecting enhanced operational efficiencies and contributions from high-margin products. Net profit for the quarter was ₹17.07 crore, a 47.79% increase compared to the previous year.
For the nine months ending December 2024, total income decreased slightly to ₹1,392.75 crore, down 1.95% year-on-year. However, EBITDA increased to ₹53.78 crore, with a 30.64% rise in profitability, underscored by a 96 bps improvement in the EBITDA margin to 3.86%. PAT also saw significant growth of 41.20% to ₹39.38 crore. The company is positioning itself for future growth, especially in the home audio segment, and remains optimistic about market opportunities moving forward.
