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**Financial Highlights:** For the third quarter ended December 31, 2024, Creative Newtech reported standalone revenue from operations of ₹61,365.40 lakh, reflecting a substantial increase compared to ₹49,017.70 lakh in the same period the previous year. Net profit stood at ₹834.76 lakh, a rise from ₹578.97 lakh year-on-year.
**Strategic Initiatives and Growth Drivers:** The company continues to focus on expanding its market share and enhancing operational efficiency. Recent investments in Creative Ecommerce Ventures Pvt. Ltd. have shifted its status from a wholly owned subsidiary to an associate company, now holding a 48.75% stake.
**Business Developments:** During the quarter, Creative Newtech invested ₹4.04 crore in its subsidiary, demonstrating ongoing commitment to growth and innovation in the e-commerce sector.
**Market Position and Competitive Advantage:** The company is positioned well in the electronic and technological distribution market, amplified by operational improvements and strategic investments in subsidiaries.
**Investor Implications:** The strong revenue growth and strategic pivot towards associate investments present a positive outlook for shareholders. Continuous monitoring of market conditions and operational performance remains essential for informed investment decisions.