Delhi, February 11, 2025: The financial results for the quarter that ended in December 2024 were released by Cosmo First Limited today. FY24’s EBIDTA gain over Q3 is supported by increased speciality sales, improved volume as well as improved BOPET and BOPP film margins. The Company has reached speciality sales of
73% of total volume in Q3, FY25 and 71% in Dec 2024 YTD basis as against 64% in FY24.
Additionally, the BOPET vertical, which accounted for 15% of the company’s revenues in Q3 of FY25, had improved margins and reported EBITDA in the mid-teens. Due to a brief interruption, net revenue and margins were lower in Q3 of FY25 than in Q2 of FY25.
down in one of the lines, resulting in a 5% reduction in volume. Due to certain capacity commissioning in the local sector, the BOPP Film margin also experienced pressure for a few weeks in Q3 of FY25, but it recovered because of high demand. The BOPP base film margins are expected to remain subdued in FY26 due to expected capacity addition in the domestic industry. Q2’FY25 also had one time income of 9 crores due to property sales and tax incentives.
The Speciality Chemical subsidiary is making good progress towards achieving a 30%+ ROCE and high teens EBITDA in FY25. A full-time director of corporate strategy has been hired, Ms. Yamini Kumar (Jaipur).
ESG and CSR) over a five-year duration. The appointment will become effective on the day the Ministry of Corporate Affairs assigns the DIN.
Remarking on the performance of the company “For the film business, the company’s focus remains on speciality film, expanding in international geographies, faster scaling up of new capacities, and cost rationalisation opportunities,” stated Mr Pankaj Poddar, Group CEO, Cosmo First Ltd. Development
It is anticipated that the BOPP Film line, CPP line, and Sun-control Film projects would improve the top and bottom lines starting in FY26. In Q3, Zigly’s topline and margins were positively boosted by the introduction of several private labels and improvements to our veterinary care offerings. The Stiff Beginning in FY26, the packaging vertical will begin to generate positive EBIDTA.