Cosmo First Ltd's Q3FY25 Quarterly Results

Result Summary

• Cosmo First Ltd reported a 7.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.4%.
• Its expenses for the quarter were down by 4.7% QoQ and up 9.4% YoY.
• The net profit decreased 35.4% QoQ and increased 160.2% YoY.
• The earnings per share (EPS) of Cosmo First Ltd stood at 11.2 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Cosmo First Ltd is a company known for its diverse operations within the manufacturing sector, primarily focusing on the production and distribution of specialized films. These films find applications in a variety of industries, including packaging, textiles, and automotive. The company has carved out a significant niche for itself in the production of BOPP (Biaxially Oriented Polypropylene) films, which are widely used for packaging solutions. Cosmo First Ltd has been active in expanding its portfolio to include more value-added products, aiming to meet the evolving demands of its clients globally. As of the most recent updates, there is no specific major development available beyond its routine business operations.

Revenue

During Q3 FY25, Cosmo First Ltd reported a total income of ₹723.85 crores, marking a decrease of 7.0% from the previous quarter's income of ₹778.65 crores. However, when comparing year-over-year performance, there was a notable increase of 13.4% from Q3 FY24, where the total income stood at ₹638.59 crores. This year-over-year growth underscores a positive trajectory in revenue generation compared to the same quarter in the previous year. It reflects the company's ongoing efforts to enhance its market presence and revenue streams despite the sequential drop from the preceding quarter.

Profitability

In terms of profitability, Cosmo First Ltd's profit before tax for Q3 FY25 was ₹36.39 crores, which is a decline of 36.4% from the previous quarter's ₹57.19 crores. However, on a year-over-year basis, there was a significant increase of 251.9%, as profit before tax was ₹10.34 crores in Q3 FY24. The tax expense for Q3 FY25 was ₹6.83 crores, reflecting a decrease of 40.3% from the preceding quarter. Notably, the tax from Q3 FY24 was negative at ₹-1.02 crores, indicating a substantial year-over-year change. Profit after tax for the current quarter was reported at ₹29.56 crores, which represents a decrease of 35.4% quarter-over-quarter yet a remarkable increase of 160.2% year-over-year. This growth in profitability metrics compared to the previous year highlights the company's improved financial performance over the annual period.

Operating Metrics

For Q3 FY25, Cosmo First Ltd recorded total expenses of ₹687.46 crores, which is a decrease of 4.7% from the previous quarter's expenses of ₹721.46 crores. Year-over-year, the expenses increased by 9.4% from Q3 FY24, where expenses were ₹628.25 crores. The Earnings Per Share (EPS) for Q3 FY25 stood at ₹11.20, showing a decline of 35.3% from ₹17.30 in the previous quarter, but an increase of 160.5% from ₹4.30 in Q3 FY24. These figures reflect adjustments in operational costs and highlight the impact on earnings attributed to shareholders. The operating metrics provide insights into the company's expense management and its effect on shareholder value over different time frames.