Cosmo Ferrites Limited announced a significant change in its senior management team. Nikit Chaudhary, who served as the Business Head-Vice President, has resigned from his position effective December 8, 2025, citing personal reasons. The company has accepted his resignation.

Management Transition

In response to this departure, Cosmo Ferrites has implemented an interim arrangement:

Sanjay Gupta, the current Chief Financial Officer (CFO) of Cosmo Ferrites, will assume the additional responsibilities of the Business Head role alongside his existing duties. This dual role is a temporary measure, likely implemented to ensure continuity in business operations.

Tenure and Transition

Mr. Chaudhary's tenure as Business Head lasted approximately four months. In his resignation letter, he expressed gratitude for the support and mentorship received during his time with the company. He also confirmed that there were no material reasons for his resignation other than personal considerations.

Regulatory Compliance

Cosmo Ferrites Limited has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary disclosures as required by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Background

Cosmo Ferrites Limited, recognized as a Government of India Export House, operates in the ferrite manufacturing sector. The company's registered office and manufacturing facility are located in Jabli, District Solan, Himachal Pradesh.

Cosmo Ferrites Limited , a recognized export house by the Government of India, has announced its unaudited financial results for the quarter ended September 30, 2025, showing a significant turnaround in its financial performance.

Financial Highlights

Quarterly Performance

Cosmo Ferrites has reported a profit of Rs 7.00 lakh for the quarter ended September 30, 2025, marking a significant improvement from the loss of Rs 82.00 lakh in the corresponding quarter of the previous year. This turnaround comes despite a slight decrease in revenue from operations, which stood at Rs 2,590.00 lakh compared to Rs 2,682.00 lakh in the same quarter last year.

Half-Yearly Results

For the half-year period ending September 30, 2025, the company has shown progress in reducing its losses. The company posted a loss of Rs 65.00 lakh, which is substantially lower than the Rs 358.00 lakh loss reported in the corresponding period of the previous year. The revenue from operations for the half-year increased to Rs 5,222.00 lakh from Rs 4,357.00 lakh in the previous year, indicating a growth in business activities.

Balance Sheet Strength

As of September 30, 2025, Cosmo Ferrites' total assets stood at Rs 11,826.00 lakh, reflecting the company's substantial asset base.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on November 10, 2025. The statutory auditors have conducted a limited review of these results, ensuring compliance with regulatory requirements.

Conclusion

Cosmo Ferrites Limited's latest financial results demonstrate a positive shift in its financial performance, with a return to profitability in the quarterly results and a significant reduction in losses for the half-year period. The company's ability to increase revenue and improve its bottom line signals potential for future growth and stability.

Investors and stakeholders may view these results as an encouraging sign of the company's financial health and operational efficiency. However, it will be important to monitor the company's performance in the coming quarters to assess if this positive trend can be sustained.