COSMO FIRST LIMITED — Updates, 11-02-2025: Press Release

Cosmo First Limited reported its financial results for Q3 FY24-25. Net revenue reached ₹701 crore, a significant increase from ₹625 crore in Q3 FY24, though down from ₹759 crore in Q2 FY25. EBITDA grew to ₹86 crore, reflecting a healthy improvement driven by higher specialty sales and improved margins in both BOPP and BOPET films. This quarter's EBITDA margin was 12.3%, up from 9.0% a year ago, despite a temporary production line breakdown that caused a 5% volume loss.

The company's specialty sales now constitute 73% of total volume, contributing to the enhanced financial performance. However, BOPP film margins faced pressures due to new capacity in the domestic market. The Specialty Chemical subsidiary is positioned for growth, targeting high teens EBITDA margins and over 30% ROCE in FY25. Additionally, Ms. Yamini Kumar (Jaipuria) has been appointed as Whole time Director for Corporate Strategy, ESG & CSR. Overall, the company's focus on specialty films and expanding international presence indicates a positive outlook moving forward.