Creative Newtech Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The Board has convened a meeting where it approved the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2024. Key highlights include total income of ₹67,057.86 Cr, with profit before tax standing at ₹1,986.13 Cr. The company reclassified its wholly owned subsidiary, Creative Ecommerce Ventures Pvt. Ltd., as an associate due to dilution of its shareholding from 100% to 48.75%, following new investments. This restructuring may have implications for future earnings recognition from this investment.