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Cosmic CRF LtdResults, 23-05-2025: Result

23-05-2025 | 07:19 pm

Cosmic CRF Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. The company consolidated its financials following the acquisition of a 74% stake in N.S Engineering Projects Pvt Ltd and 91.7% stake in Cosmic Springs & Engineers Ltd, both now subsidiaries. The audited results show standalone revenue of ₹143.16 Cr and consolidated revenue of ₹401.63 Cr for the year. Profit before tax improved significantly to ₹25.11 Cr standalone and ₹37.42 Cr consolidated. Cash flows were supported by fresh equity issuance and working capital management. Key leadership reappointments were made for Managing Director Aditya Vikram Birla and Whole Time Director Purvi Birla. External auditors issued unmodified opinions, confirming robust financial reporting. Arbitration on a contingent liability is ongoing, pending resolution.

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