
Quarterly Result26 May 2025, 03:17 pm
Cosmic CRF Ltd Achieves Strong Growth in H2 & FY25 with Volume More Than Doubled
AI Summary
Cosmic CRF Ltd has announced its financial results for the Half Year and year ended 31st March 2025, showing a significant increase in sales volume and revenue. The company's volume more than doubled due to capacity expansion and operational scale-up, but the average selling price dropped due to a fall in raw material prices. The company's installed capacity increased by 41% and it achieved production of 15,000 MT in one of its subsidiaries. The unexecuted order book stands at INR 550 crore, representing 1.8x of FY25 revenue. The company also entered into a Business Transfer Agreement for the acquisition of a Helical and Casnub Springs manufacturing unit and procured land for setting up a forged components manufacturing unit.
Key Highlights
- Volume more than doubled due to capacity expansion and operational scale-up
- Significant fall in average selling price due to drop in raw material prices
- Installed capacity increased by 41%
- Unexecuted order book stands at INR 550 crore
- Entered into a Business Transfer Agreement for the acquisition of a Helical and Casnub Springs manufacturing unit