Creative Newtech Q1 FY27: Income ₹476.84 Cr, PAT ₹13.54 Cr; Bags BSNL, FCI Orders
Creative Newtech reported Q1 FY27 consolidated income of ₹476.84 crore, up 20.06% YoY. PAT increased 32.89% YoY to ₹13.54 crore. Key developments include a ₹35.89 crore order from FCI and an AWO from BSNL valued at ₹3,194.83 crore. The company also launched its consumer brand WOZOYO and acquired Infinova India.
The substantial BSNL project value (₹3,194.83 crore) and the FCI order, coupled with strategic acquisitions and new product launches, are expected to have a significant positive impact on the company's future performance and market position.
The company reported strong year-on-year growth in total income, EBITDA, and PAT. Significant new orders from FCI and BSNL, along with strategic initiatives like a new brand launch and acquisition, further bolster a positive outlook.
Creative Newtech Limited has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026.
For Q1 FY27, the company reported a Total Income of ₹476.84 crore, marking a 20.06% year-on-year increase from ₹397.19 crore in Q1 FY26. EBITDA for the quarter stood at ₹24.89 crore, showing a significant YoY increase of 64.73%, with the EBITDA margin improving to 5.22% from 3.80% in the same period last year. Profit After Tax (PAT) was ₹13.54 crore, a 32.89% YoY growth compared to ₹10.18 crore in Q1 FY26, although PAT margin stood at 2.84%.
The company highlighted several strategic developments during the quarter. These include securing a ₹35.89 crore order from the Food Corporation of India (FCI) for a Smart Warehousing Project, and receiving an Advance Work Order (AWO) from BSNL for the BharatNet Middle Mile Network Project in Odisha, with a total project value of approximately ₹3,194.83 crore. Creative Newtech also launched WOZOYO, a global consumer technology brand, under its subsidiary Secured Connection Limited. Furthermore, the company partnered with Ravel Electronics to enhance India's Fire & Life Safety Technology ecosystem and acquired Infinova India to strengthen its capabilities in video surveillance and security solutions.
Mr. Ketan Patel, Chairman & Managing Director, commented on the strong start to FY27, attributing the performance to disciplined execution, operational efficiency, and expansion in high-growth technology segments. He emphasized the strategic milestones achieved, including the FCI and BSNL orders, the launch of WOZOYO, the partnership with Ravel Electronics, and the acquisition of Infinova India. Mr. Patel expressed confidence in capitalizing on opportunities driven by artificial intelligence, digital infrastructure investments, and the demand for connected technologies, positioning the company for sustainable long-term growth.
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