CREATIVE NEWTECH LIMITEDQ2 EBITDA +50.7% YoY, ₹3,195 Cr BSNL order

Creative Newtech's Q2 FY27 call, held on 29 October 2026, reported consolidated revenue from operations of ₹752.14 crore, with total income up 14.43% on the year.

EBITDA rose 50.70% to ₹40.11 crore, a margin of 5.31% against 4.04% a year earlier, and profit after tax rose 36.88% to ₹25.94 crore. First-half operating cash flow was ₹351.24 crore and net working capital days fell to 45 from 75 in FY26, although the CFO expects a normal range of 52 to 55 days. The company holds an advance BSNL work order of about ₹3,194.83 crore for the BharatNet Middle Mile project in Odisha, and the Chairman and Managing Director expects ₹150 crore to ₹200 crore of billing in Q4, with nothing booked so far.

Brands made up 19% of Q2 revenue, up from 14% in FY26, and management aims for brands to reach 40% of a ₹6,000 crore revenue base, or ₹2,400 crore, by FY29. WOZOYO sold about $2.2 million, or ₹20 crore, in the US in its first three months. The Infinova India acquisition is expected to close before 15 November.