StockWatch
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Packaging
Quarterly Result6 Aug 2026, 06:12 pm

Cosmo First Ltd Declares Un-audited Financial Results for Q1 FY27

AI Summary

Cosmo First Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results after a review by the Audit Committee. The company also informed about the incorporation of a 50:50 joint venture, 'Filmax Cosmo Korea Limited', with Filmax Corporation, Korea, to focus on flexible packaging and related products. The company has re-evaluated its option to adopt a concessional tax regime under Section 200 of the Income-tax Act, 2025, with tax expense determined based on the estimated annual effective tax rate.

Key Highlights

  • Board approved un-audited financial results for Q1 FY27.
  • Incorporated a new 50:50 joint venture in Korea.
  • JV aims to distribute and market flexible packaging products.
  • Company re-evaluated concessional tax regime options.
  • Tax expense determined based on estimated annual effective tax rate.