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News Details

08/11/2025 15:41

Cochin Minerals Q2 net profit down 58.22% at Rs 2.95 cr

The company reported standalone net profit of Rs 2.95 crore for the quarter ended September 30, 2025 as compared to Rs 7.06 crore in the same period last year, registering a year-on-year decline of 58.22 per cent.

Net revenue of the company declined substantially by 27.28 per cent at Rs 65.25 crore in July-September quarter of this fiscal as against Rs 89.73 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 19.94 per cent to Rs 63.40 crore from Rs 79.19 crore in year ago period.

Other Income grew by 47.24 per cent at Rs 2.40 crore versus (Sep'24 Rs 1.63 crore).

Operating Profit slipped by 82.54 per cent to Rs 1.84 crore as against Rs 10.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 75.89 per cent in September quarter.

Interest grew by 200.00 per cent y-o-y to Rs 0.09 crore, while Taxation decreased by 81.91 per cent at Rs 0.87 crore (Sep'24 Rs 4.81 crore).