Cosmic CRF Ltd — Updates, 24-05-2025: Company Update

Cosmic CRF Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported standalone total income of ₹143.16 lakh for the half-year, with a net profit after tax of ₹83.47 lakh. Consolidated total income stood at ₹40,196.98 lakh, with a net profit after tax of ₹408.14 lakh. During the year, Cosmic CRF acquired 91.7% stake in Cosmic Springs & Engineers Ltd, making it a subsidiary. The company has a pending arbitration case involving a contingent liability of ₹1,034.33 lakh. Property, plant & equipment were revalued, increasing reserves by ₹4,473.25 lakh. Profitability improved with recognition of income tax waivers on subsidiary earnings per NCLT orders.