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Creative Newtech announced that, together with its consortium partner, it has received an Advance Work Order (AWO) from Bharat Sanchar Nigam (BSNL), acting on behalf of Digital Bharat Nidhi, Department of Telecommunications, Government of India. With a total project value of approximately Rs 3,194.83 crore, the order covers the design, supply, construction, installation, upgradation, operation and maintenance of the BharatNet Middle Mile Network in the Odisha Telecom Circle.

Net profit of Creative Newtech rose 29.57% to Rs 17.79 crore in the quarter ended March 2026 as against Rs 13.73 crore during the previous quarter ended March 2025. Sales rose 83.63% to Rs 740.01 crore in the quarter ended March 2026 as against Rs 402.99 crore during the previous quarter ended March 2025.For the full year,net profit rose 32.35% to Rs 70.29 crore in the year ended March 2026 as against Rs 53.11 crore during the previous year ended March 2025. Sales rose 52.14% to Rs 2699.77 crore in the year ended March 2026 as against Rs 1774.48 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales740.01402.99 84 2699.771774.48 52 OPM %4.023.67 -3.373.05 - PBDT22.1716.15 37 83.2862.71 33 PBT21.7215.83 37 81.7661.55 33 NP17.7913.73 30 70.2953.11 32 Powered by Capital Market - Live News

Creative Newtech announced that the Board of Directors of the Company at its meeting held on 14 May 2026, has recommended a Final Dividend of Rs.0.50 per share (i.e.5%), subject to the approval of the shareholders.

Creative Newtech will hold a meeting of the Board of Directors of the Company on 14 May 2026.

Creative Newtech has entered into a strategic business agreement with Passenger Drone Research (PDRL) to support pan-India distribution and market expansion of PDRL`s drone components and software platforms. Under the agreement, Creative Newtech will act as Business Growth Partner for pan-India distribution of PDRL`s products. Using its nationwide distribution network and strong market reach, Creative Newtech will help drive wider adoption of PDRL`s indigenous drone technologies across agriculture, as well as emerging enterprise, logistics, surveillance and defense sectors.The partnership covers the distribution and market development of PDRL`s flagship offerings, including Ag++ Flight Controller, AeroFC V2 flight controller, NamoAG (Navigation for Modern Agriculture), and the AeroGCS software suite, comprising AeroGCS Config, Defence, Green, Orange, and Enterprise editions. These solutions are QCI-compliant, aligned with India`s regulatory framework, and support OEMs in meeting indigenization and certification requirements.Powered by Capital Market - Live News