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Cosmo Films soars on reporting 85% rise in Q1 consolidated net profit

05 Aug 2021 Evaluate

Cosmo Films is currently trading at Rs. 1410.55, up by 62.30 points or 4.62% from its previous closing of Rs. 1348.25 on the BSE.

The scrip opened at Rs. 1415.00 and has touched a high and low of Rs. 1475.00 and Rs. 1368.50 respectively. So far 56416 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,475.00 on 05-Aug-2021 and a 52 week low of Rs. 371.20 on 09-Sep-2020.

Last one week high and low of the scrip stood at Rs. 1,475.00 and Rs. 1150.70 respectively. The current market cap of the company is Rs. 2562.35 crore.

The promoters holding in the company stood at 44.23%, while Institutions and Non-Institutions held 5.64% and 50.13% respectively.

Cosmo Films has reported 42.43% rise in its net profit at Rs 67.24 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 47.21 crore for the same quarter in the previous year. Total income of the company increased by 42.49% at Rs 657.90 crore for Q1FY22 as compared Rs 461.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 84.55% in its net profit at Rs 86.72 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 46.99 crore for the same quarter in the previous year. Total income of the company increased by 43.42% at Rs 698.51 crore for Q1FY22 as compared Rs 487.03 crore for the corresponding quarter previous year.

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