Creative Newtech Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Creative Newtech Ltd reported a 60.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 29.9%.
- Its expenses for the quarter were up by 62.0% QoQ and 29.4% YoY.
- The net profit increased 29.1% QoQ and increased 47.8% YoY.
- The earnings per share (EPS) of Creative Newtech Ltd stood at 10.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 670.58 | 416.69 | 516.31 | 60.9% | 29.9% |
Total Expenses | 650.71 | 401.63 | 502.84 | 62.0% | 29.4% |
Profit Before Tax | 19.86 | 15.05 | 13.47 | 32.0% | 47.4% |
Tax | 2.79 | 1.83 | 1.92 | 52.5% | 45.3% |
Profit After Tax | 17.07 | 13.22 | 11.55 | 29.1% | 47.8% |
Earnings Per Share | 10.30 | 7.70 | 7.20 | 33.8% | 43.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Creative Newtech Ltd is known for its involvement in the technology distribution and services sector. The company primarily operates by distributing technology products, which may include consumer electronics, IT hardware, and software solutions. It serves various industries and consumer segments, bringing a wide range of products to the market. As of the latest information available up to October 2023, there could be developments or strategic initiatives undertaken by the company, but specific recent events or changes in operations are not detailed here. The company continues to focus on leveraging its distribution network and partnerships to drive growth and expand its market presence.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Creative Newtech Ltd reported a total income of ₹670.58 crores. This represents a significant increase of 60.9% from the previous quarter (Q2FY25), where the income was ₹416.69 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), the revenue grew by 29.9% from ₹516.31 crores. The substantial quarter-over-quarter and year-over-year revenue growth reflects a robust performance during this period. The increase in total income indicates an upward trajectory in the company’s sales or service delivery for this quarter.
Profitability
For Q3FY25, Creative Newtech Ltd achieved a profit before tax (PBT) of ₹19.86 crores, marking a quarter-over-quarter increase of 32.0% from ₹15.05 crores in Q2FY25. Year-over-year, the PBT rose by 47.4% from ₹13.47 crores in Q3FY24. The tax expense for the quarter was ₹2.79 crores, which climbed 52.5% from the previous quarter’s ₹1.83 crores and 45.3% from the same quarter last year, where it was ₹1.92 crores. Profit after tax (PAT) for Q3FY25 stood at ₹17.07 crores, reflecting an increase of 29.1% from the previous quarter and 47.8% from the corresponding quarter of the previous year. Earnings per share (EPS) for the quarter was ₹10.30, up 33.8% from Q2FY25 and 43.1% from Q3FY24. These figures demonstrate the company’s ability to grow its profitability amidst rising revenues, accompanied by effective cost management.
Operating Metrics
The total expenses for Q3FY25 were reported at ₹650.71 crores, which is a 62.0% increase from the previous quarter's ₹401.63 crores. Compared to Q3FY24, expenses rose by 29.4% from ₹502.84 crores. The increase in expenses aligns with the revenue growth, suggesting scaling operations or increased cost of sales. While the financial data provided does not include specific operating metrics or ratios, the notable increase in both revenue and expenses indicates operational scaling. Other financial ratios typically analyzed, such as the P/E ratio, debt-to-equity ratio, and current ratio, are not available from the provided data. Thus, any further operational analysis would require additional detailed financial disclosures.
