Home / Business and Economy / Creative Castings Sees Sales Surge, Profit Dip in March Quarter
Creative Castings Sees Sales Surge, Profit Dip in March Quarter
16 May
Summary
- Creative Castings' sales increased by 7.53% to Rs 11.43 crore in March 2026.
- Net profit declined by 2.86% to Rs 1.02 crore in the March 2026 quarter.
- Full-year net profit rose 20.39% to Rs 4.37 crore for the year ended March 2026.
Creative Castings reported a mixed financial performance for the quarter ending March 2026. The company's sales saw a healthy increase of 7.53%, reaching Rs 11.43 crore, up from Rs 10.63 crore in the previous year's quarter.
Despite the rise in sales, net profit for the same quarter experienced a slight decrease of 2.86%, settling at Rs 1.02 crore compared to Rs 1.05 crore in the prior year. This indicates a pressure on profit margins during the period.
However, the full fiscal year ending March 2026 presented a more optimistic picture. Creative Castings' net profit grew by a significant 20.39% to Rs 4.37 crore, a notable improvement from Rs 3.63 crore in the previous fiscal year. Annual sales also climbed by 10.96% to Rs 48.28 crore.
The company's operational profit margin (OPM) for the March quarter was 13.56%, an increase from 11.48% in the prior year. For the full year, OPM stood at 11.10%. PBDT, PBT, and NP figures all showed positive year-on-year growth for the full fiscal year.
