Cosmo Ferrites' Q4'FY25 Results: Revenue, EBITDA Down Due to Market Challenges, but Anti-Dumping Duty Offers Hope

Cosmo Ferrites Limited, a leading manufacturer and exporter of Soft Ferrites and an emerging player in wire wound magnetic components, reported a decrease in revenue and EBITDA for the quarter ended 31st March 2025. The downturn was primarily driven by reduced volumes and realization in both domestic and export markets. The domestic market faced significant pressure due to the dumping of low-priced soft ferrite cores from China, while the export market was impacted by the prevailing economic climate in Europe following recent geopolitical events. The company successfully reduced its fixed overhead costs, demonstrating its commitment to operational efficiency. In a positive development, the company welcomes the recent announcement by the Central Government imposing an anti-dumping duty of up to 35% on imports of soft ferrite cores originating from China. This duty, effective for five years, is expected to improve the company's domestic business and operating margins in the coming periods.