Cosmo First Announces Positive Financial Results for Q1 FY25, Improvements in Key Areas

Aug 08 2024 09:31 PM IST
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Cosmo First, a smallcap company in the packaging industry, reported its financial results for the quarter ending June 2024. The company's stock has been given a 'Hold' call by MarketsMojo. While the company's performance was flat, there has been an improvement in its overall score and significant growth in profit before and after tax. The company's operating profit to interest ratio, net sales, and operating profit margin have also improved. However, the company's operating cash flow has been falling and interest cost has been rising, indicating areas for improvement.

Cosmo First, a smallcap company in the packaging industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, Cosmo First has shown a flat performance in the quarter, but there has been an improvement in its overall score from -21 to 5 in the last three months. The company’s profit before tax (PBT) has seen a significant growth of 1747.4% compared to the average PBT of the previous four quarters. This trend is expected to continue in the near term. Similarly, the profit after tax (PAT) has also shown a positive growth of 99.1% compared to the average PAT of the previous four quarters.


Cosmo First’s operating profit to interest ratio is at its highest in the last five quarters, indicating an improvement in the company’s ability to manage interest payments. The net sales for the quarter have also been the highest in the last five quarters, with a positive trend expected in the near term. The operating profit (PBDIT) has also shown a positive trend, with the highest figure in the last five quarters. The company’s operating profit margin has also improved, indicating increased efficiency.


The company’s profitability has also been reflected in its PBT and PAT, which have been the highest in the last five quarters. The earnings per share (EPS) have also shown an increase, indicating that the company has created higher earnings for its shareholders.


However, there are some areas that need improvement for Cosmo First. The operating cash flow has been falling each year in the last three years, with the lowest figure in the last year. The interest cost has also been rising, indicating increased borrowings. Additionally, the non-operating income for the quarter is high, which is not a sustainable business model.


Overall, Cosmo First has shown a positive financial performance in the quarter ending June 2024, with improvements in various key areas. However, there are some areas that need attention for the company to maintain its growth in the long term.


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