Cosmo Ferrites Limited reported significant growth in Q1 FY26, with revenue increasing by 20.30% and EBITDA growing by 347.80% year-over-year. The company turned profitable, reporting a PAT of Rs. 5.00 lakhs. This performance was largely attributed to the recent implementation of an anti-dumping duty of up to 35% on soft ferrite core imports from China. The company expects further improvements in revenue and EBITDA margins due to this duty and ongoing automation efforts. Cosmo Ferrites serves both domestic and export markets, with substantial manufacturing capacities in ferrites powder and components.
Cosmo Ferrites Limited announced a turnaround in its Q1 FY2026 results, reporting a profit of Rs 5.00 lakhs compared to a loss of Rs 169.00 lakhs in Q1 FY2025. Revenue from operations increased by 20.3% to Rs 2,692.00 lakhs. The company's Board approved the redemption of 200,000 Non-Convertible 10% Cumulative Redeemable Preference Shares worth Rs 2 crores, scheduled for August 01, 2025. Despite the improved quarterly performance, the company faces ongoing challenges as evidenced by losses in the previous quarter and the financial year ended March 31, 2025.