Audited Financial Results for the quarter and year ended on March 31, 2025
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Cosmo Ferrites reported a weak FY25 with revenue from operations falling to Rs 8,566 lakhs from Rs 9,776 lakhs in FY24, a decline of about 12%. The company slipped deeper into losses, posting a net loss of Rs 566 lakhs for FY25 versus a Rs 198 lakh loss last year, with Q4 alone showing a Rs 155 lakh loss. EPS worsened to Rs (4.70) from Rs (1.65). Borrowings rose to roughly Rs 7,145 lakhs against shareholder funds of Rs 2,466 lakhs, pushing debt-equity to nearly 2.9x. Promoters conditionally waived Rs 144 lakhs of interest on their unsecured loan, providing some cushion. Auditor Suresh Kumar Mittal & Co issued an unmodified opinion.
Shareholders should note continued revenue contraction, widening losses, and elevated leverage, which signal financial stress despite the unqualified audit opinion. Promoter support via interest waiver is a positive near-term relief but does not fix underlying profitability issues.