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India's Cosmo First's revenue up 12.2% to $80.62 mn in Q3 FY25

13 Feb '25
2 min read
India's Cosmo First's revenue up 12.2% to $80.62 mn in Q3 FY25
Pic: Cosmo First

Insights

  • Cosmo First has reported a net revenue of ₹701 crore (~$80.62 million) in Q3 FY25, up 12.2 per cent YoY but lower than ₹759 crore (~$87.36 million) in Q2.
  • EBITDA stood at ₹86 crore, while PAT reached ₹30 crore.
  • For 9M FY25, net revenue was ₹2,149 crore (~$247.14 million), with EBITDA at ₹277 crore.
  • The company focuses on specialty films, global expansion, and scaling new capacities.
Cosmo First, an Indian specialty films and chemicals company, has reported a net revenue of ₹701 crore (~$80.62 million) in the third quarter (Q3) of fiscal 2025 ended December 31, 2024, a 12.2 per cent increase from ₹625 crore (~$71.88 million) in Q3 FY24, though lower than ₹759 crore (~$87.36 million) in Q2 FY25.

The EBITDA of the company rose to ₹86 crore, reflecting a margin of 12.3 per cent, up from 9.0 per cent in Q3 FY24 but lower than 14.1 per cent in Q2 FY25. The profit before tax (PBT) surged to ₹36 crore, significantly higher than ₹10 crore in Q3 FY24, though below ₹57 crore in the previous quarter. The profit after tax (PAT) stood at ₹30 crore, up from ₹11 crore year-over-year (YoY) but down from ₹46 crore in Q2 FY25, Cosmo First said in a press release. The earnings per share (EPS) for the quarter was ₹11, compared to ₹4 in Q3 FY24 and ₹18 in Q2 FY25.

Nine-month (9M) financials

For the first nine months of FY25, the company achieved a net revenue of ₹2,149 crore (~$247.14 million) compared to ₹1,946 crore in 9M FY24, with EBITDA at ₹277 crore (~$31.88 million) compared to ₹184 in the same period of last fiscal, PBT at ₹131 crore (~$15.07 million) compared to ₹184 crore, and PAT at ₹106 crore compared to ₹47 crore in the same period of FY24. The EBITDA margin for the period improved to 12.9 per cent from 9.4 per cent in the same period of previous fiscal.

“For Film business, the company’s focus remains on specialty film, expanding in international geographies, faster scaling up of new capacities and cost rationalisation opportunities. Growth projects (BOPP Film line, CPP line and Sun-control Film) are expected to add to the topline and bottom-line from FY26. In Zigly, we have launched multiple private labels and enhanced our Vet care services which favourably impacted topline and margins in Q3. The rigid packaging vertical shall start making positive EBIDTA from FY26,” said Pankaj Poddar, chief executive officer (CEO), Cosmo First Ltd.

The company has appointed Yamini Kumar (Jaipuria) as whole-time director (corporate strategy, ESG & CSR) for a period of 5 years. The appointment will take effect from the date of allotment of DIN by the Ministry of Corporate Affairs.

ALCHEMPro News Desk (SG)

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