Cochin Minerals and Rutile Reports Decline in Q2 Revenue and Profit

1 min read     Updated on 08 Nov 2025, 03:48 PM
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Ashish TScanX News Team
Overview

Cochin Minerals & Rutile announced unaudited financial results for Q2 and H1 FY2026 ended September 30, 2025, showing a decline in revenue and profit. Q2 revenue from operations decreased to Rs. 6,524.57 lakhs from Rs. 8,891.93 lakhs year-over-year, with net profit falling to Rs. 294.88 lakhs from Rs. 706.26 lakhs. H1 revenue stood at Rs. 14,002.69 lakhs, down from Rs. 17,674.31 lakhs, while net profit decreased to Rs. 621.54 lakhs from Rs. 1,301.24 lakhs. EPS for Q2 and H1 also declined. The company implemented corporate governance measures, including appointing a new Company Secretary & Compliance Officer and Chief Financial Officer.

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*this image is generated using AI for illustrative purposes only.

Cochin Minerals & Rutile , a leading manufacturer in the mineral industry, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a decline in both revenue and profit compared to the previous year, reflecting challenging market conditions.

Financial Highlights

Particulars (Rs. in lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 6,524.57 8,891.93 14,002.69 17,674.31
Total Income 6,764.15 9,135.71 14,521.05 18,030.36
Profit Before Tax 382.08 1,186.79 889.50 2,087.06
Net Profit 294.88 706.26 621.54 1,301.24
Earnings Per Share (Rs.) 3.77 9.02 7.94 16.62

Quarterly Performance

For the quarter ended September 30, 2025, Cochin Minerals & Rutile reported:

  • Revenue from operations of Rs. 6,524.57 lakhs, down from Rs. 8,891.93 lakhs in the corresponding quarter of the previous year.
  • Net profit decreased to Rs. 294.88 lakhs from Rs. 706.26 lakhs year-over-year.

Half-Yearly Results

For the six months ended September 30, 2025:

  • Revenue from operations stood at Rs. 14,002.69 lakhs, compared to Rs. 17,674.31 lakhs in the same period last year.
  • Net profit decreased to Rs. 621.54 lakhs from Rs. 1,301.24 lakhs in the previous year.

Earnings Per Share

  • Q2 EPS: Rs. 3.77, down from Rs. 9.02 in the same quarter of the previous year.
  • H1 EPS: Rs. 7.94, decreased from Rs. 16.62 in the corresponding period of the previous year.

Corporate Governance Measures

The company's Board of Directors has taken steps to enhance corporate governance:

  • Authorized personnel to determine the materiality of events and information for stock exchange disclosures.
  • Appointed Sreedeepa S as the Company Secretary & Compliance Officer.
  • Named Joby Mathew as the Chief Financial Officer.

Additional Information

  • The financial results were approved by the Audit Committee and taken on record at the Board of Directors meeting held on November 8, 2025.
  • Cochin Minerals & Rutile continues to operate as a 100% Export Oriented Unit (EOU).
  • The company maintains its status as a Three Star Export House.

Investors and market watchers may closely monitor the company's performance in the coming quarters to assess the impact of these corporate governance measures on financial results.

Historical Stock Returns for Cochin Minerals & Rutile

1 Day5 Days1 Month6 Months1 Year5 Years
-1.61%-3.39%-12.31%-16.17%-33.31%+104.30%
Cochin Minerals & Rutile
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Cochin Minerals and Rutile Limited Announces Major Leadership Reshuffle

1 min read     Updated on 25 Oct 2025, 03:28 PM
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Reviewed by
Shriram SScanX News Team
Overview

Cochin Minerals & Rutile has announced significant management changes. Dr. S N Sasidharan Kartha, the founder Managing Director, will become Chairman Emeritus. Mr. Joby Mathew will take over as Chief Financial Officer, and Ms. Sreedeepa S will become Company Secretary & Compliance Officer. Mr. Suresh Kumar P will serve in interim roles before retiring. The company has also appointed new Secretarial and Internal Auditors.

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Cochin Minerals & Rutile , a leading player in the minerals industry, has announced a series of significant management changes. These appointments and transitions mark a new chapter in the company's leadership structure.

Key Management Appointments

The company has made several strategic appointments to strengthen its executive team:

Position Appointee Effective Date
Chairman Emeritus Dr. S N Sasidharan Kartha August 8, 2025
Chief Financial Officer Mr. Joby Mathew September 1, 2025
Company Secretary & Compliance Officer Ms. Sreedeepa S October 27, 2025

Chairman Emeritus Appointment

Dr. S N Sasidharan Kartha, the chief promoter and founder Managing Director of Cochin Minerals & Rutile, has been appointed as Chairman Emeritus for a five-year term, effective August 8, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Dr. Kartha's appointment recognizes his significant contributions to the company since its inception. Under his leadership, the company has grown from a 10,000 TPA capacity plant to a 50,000 TPA synthetic rutile producer, while also diversifying into water purifying chemicals production.

New Chief Financial Officer

Mr. Joby Mathew, a finance professional with over 15 years of experience, will take on the role of Chief Financial Officer from September 1, 2025. Mr. Mathew brings expertise in financial management, business transformation, treasury, risk, audit, and ERP systems to his new position.

Changes in Company Secretary Position

The company has announced a transition in the Company Secretary role:

  • Mr. Suresh Kumar P will serve as interim Chief Financial Officer & Company Secretary from July 7, 2025, to August 31, 2025.
  • Mr. Kumar will then transition to the role of Chief General Manager (Finance) & Company Secretary from September 1, 2025.
  • Mr. Kumar will retire from his position on October 26, 2025.
  • Ms. Sreedeepa S will assume the role of Company Secretary & Compliance Officer effective October 27, 2025.

Additional Appointments

Cochin Minerals & Rutile has also made two key professional service appointments:

  1. M/s. SEP Associates has been appointed as Secretarial Auditors for a five-year term from 2025-26 to 2029-30, subject to shareholder approval.
  2. M/s. Suri & Co., Chartered Accountants, has been appointed as Internal Auditors for a three-year term from 2025-26 to 2027-28.

These management changes and appointments reflect Cochin Minerals & Rutile's commitment to strengthening its leadership team and corporate governance practices.

Historical Stock Returns for Cochin Minerals & Rutile

1 Day5 Days1 Month6 Months1 Year5 Years
-1.61%-3.39%-12.31%-16.17%-33.31%+104.30%
Cochin Minerals & Rutile
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