Cosmic CRF Ltd — Board Meeting, 23-05-2025: Board Meeting

Cosmic CRF Limited has announced a board meeting where it approved the financial results for the quarter and half-year ended March 31, 2025. The company completed acquisition of 74% stake in N.S. Engineering Projects Pvt Ltd and about 92% shares in Cosmic Springs & Engineers Ltd, making both subsidiaries. The financials reflect consolidated operations including these subsidiaries. The auditors, GARV & Associates, issued an unmodified opinion. The company reported strong revenue growth and profit before tax at ₹25.11 Cr standalone and ₹37.42 Cr consolidated for the year. Earnings per share stood at ₹22.65 standalone and ₹37.52 consolidated. The company successfully completed its expansion plan and commenced production. No deviation was noted in the utilization of IPO and preferential issue proceeds. Key management reappointments include Mr. Aditya Vikram Birla as Managing Director and Mrs. Purvi Birla as Whole Time Director. Auditors and cost auditors have been re-appointed for FY 2025-26. A contingent liability of ₹10.34 Cr related to arbitration is pending resolution. The company maintains healthy cash reserves and has shown positive operating and financing cash flows.