Q2 profit rises 36.9% as cash flow turns positive
CNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Creative Newtech reported Q2 FY27 income of Rs 754.80 crore, up 14.43% from a year earlier. EBITDA rose 50.70% to Rs 40.11 crore, while profit after tax rose 36.88% to Rs 25.94 crore. In the first half, income rose 16.55% to Rs 1,231.65 crore and profit after tax rose 35.49% to Rs 39.47 crore. Operating cash flow reached Rs 351.24 crore, reversing last year's Rs 91.65 crore outflow. Plans include an Infinova acquisition and drone partnerships.
Positive: stronger profit growth, higher margins and a cash-flow turnaround may support the stock; acquisition and partnership plans add execution risk.