Creative Newtech Profit Soars 69.60% in June 2026 Quarter

Creative Newtech recorded a substantial 69.60% surge in net profit for the June 2026 quarter, reaching Rs 90.06 million. This strong performance comes as Grauer & Weil (I) also reported a profit after tax of Rs 418.40 million for the same period.

Creative Newtech’s Robust Quarterly Performance

The company’s sales for the June 2026 quarter climbed 26.87% to Rs 4475.12 million, up from Rs 3527.19 million in the year-ago period. Creative Newtech also achieved a notable operating profit of Rs 200.01 million, compared to Rs 101.88 million in the corresponding previous quarter.

Key financial figures for Creative Newtech in the June 2026 quarter:

• Net profit: Rs 90.06 million, a 69.60% increase from Rs 53.10 million.
• Sales: Rs 4475.12 million, marking a 26.87% rise.
• Operating profit: Rs 200.01 million, nearly doubling from Rs 101.88 million.
• PBIDT: Rs 200.01 million, up 96.32% from Rs 101.88 million.
• PBT: Rs 121.74 million, a 75.77% increase from Rs 69.26 million.

Further analysis of Creative Newtech’s financials reveals a significant increase in interest expenses, which rose 152.77% to Rs 74.77 million. Conversely, other income saw a sharp decline of 81.68% to Rs 7.74 million.

Despite these shifts, the company’s PBDT (Profit Before Depreciation and Tax) increased 73.22% to Rs 125.24 million. Depreciation expenses also saw a modest rise of 15.13%, reaching Rs 3.50 million for the quarter.

Grauer & Weil (I) Reports Solid Profit

Grauer & Weil (I) also demonstrated a strong financial quarter, reporting a profit after tax of Rs 418.40 million for the June 2026 quarter. This figure underscores a positive performance across multiple companies in the industrial sector.

The June 2026 quarter has proven positive for both Creative Newtech and Grauer & Weil (I), with robust profit and sales growth indicating strong operational execution. These results provide an optimistic outlook for their financial trajectories.