Creative Newtech Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
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Awaiting price reaction for this filing.
Creative Newtech's Board (May 15, 2025) approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from Gupta Raj & Co. Standalone revenue was almost flat at Rs. 1,638.55 cr (vs Rs. 1,638.54 cr), while standalone profit after tax fell ~16.8% to Rs. 25.56 cr from Rs. 30.72 cr. Consolidated revenue grew ~3.6% to Rs. 1,774.48 cr, with consolidated PAT up ~10% to Rs. 53.11 cr, aided by subsidiaries. Operating cash flow turned positive at Rs. 14 cr (standalone) and Rs. 21.86 cr (consolidated). The Board also recommended a final dividend of Re. 0.50 per share (5% on face value of Rs. 10), subject to shareholder approval.
Flat standalone revenue and a notable decline in standalone earnings signal margin pressure and may dampen near-term sentiment, though the modest dividend and stable consolidated performance provide some support.