Creative Newtech consolidated net profit rises 215.66% in the March 2024 quarter

Sales decline 23.41% to Rs 304.15 crore

Net profit of Creative Newtech rose 215.66% to Rs 20.36 crore in the quarter ended March 2024 as against Rs 6.45 crore during the previous quarter ended March 2023. Sales declined 23.41% to Rs 304.15 crore in the quarter ended March 2024 as against Rs 397.14 crore during the previous quarter ended March 2023.

For the full year,net profit rose 77.06% to Rs 48.25 crore in the year ended March 2024 as against Rs 27.25 crore during the previous year ended March 2023. Sales rose 24.48% to Rs 1713.12 crore in the year ended March 2024 as against Rs 1376.22 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales304.15397.14 -23 1713.121376.22 24 OPM %3.861.42 -2.421.39 - PBDT25.618.98 185 59.5535.71 67 PBT25.288.57 195 58.2334.15 71 NP20.366.45 216 48.2527.25 77

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