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New Delhi [India], August 7 (ANI/NewsVoir): Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals and Polymers today declared its financial results for the quarter ended June 2021.
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Cosmo Films Shares Surge After Profit Nearly Doubles In June Quarter Cosmo Films Shares Surge After Profit Nearly Doubles In June Quarter Cosmo FIlms earnings before interest, tax, depreciation and amortisation (EBITDA) or operating profit jumped 53 per cent to Rs 142 crore.
Updated: August 05, 2021 1:07 pm IST
Shares of packaging films maker, Cosmo Films, rose as much as 9.4 per cent to record high of Rs 1,475 a day after it reported June quarter earnings. Cosmo Films net profit in April-June period came in at Rs 87 crore, marking an increase of 85 per cent from Rs 47 crore during the same period last year. Its revenue increased 43 per cent annually to Rs 688 crore.