Q2 FY27 profit rises; FY29 revenue target set at ₹6,000 crore
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Creative Newtech reported Q2 FY27 consolidated income of ₹754.80 crore, up 14.43% year on year. Operating profit rose 50.70% to ₹40.11 crore, with margin improving to 5.31% from 4.04%, while net profit increased 36.88% to ₹25.94 crore. H1 operating cash flow reached ₹351.24 crore versus an outflow of ₹91.65 crore. Management proposed acquiring Infinova, added drone partnerships and targets ₹6,000 crore revenue by FY29, a 30% annual growth rate.
For shareholders: earnings, margins and cash flow improved. The FY29 target could add upside, but interest costs and acquisition execution are risks.