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Cosmo First Ltd Q2FY24; 70% fall in Profits

Established in 1981, Cosmo Films Limited is engaged in specialty films for packaging, lamination and labeling applications. Its films offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films and soon to be offered biaxially oriented polyethylene terephthalate (BOPET) films.

Financial Results:

Cosmo First Ltd reported Revenues for Q2FY24 of ₹664.00 Crores down from ₹778.00 Crore year on year, a fall of 14.65%.

Total Expenses for Q2FY24 of ₹646.00 Crores down from ₹692.00 Crores year on year, a fall of 6.65%.

Consolidated Net Profit of ₹22.00 Crores down 69.86% from ₹73.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.21, down 69.43% from ₹26.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Chemicals
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