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News Details

15/11/2025 12:26

Cosco (India) posts Q2 net loss of Rs 1.43 cr

The company reported standalone net loss during the quarter stood at Rs 1.43 crore compared to net profit of Rs 0.20 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 2.33 per cent at Rs 37.27 crore in July-September quarter of this fiscal as against Rs 38.16 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 4.03 per cent to Rs 37.40 crore from Rs 35.95 crore in year ago period.

Other Income dipped by 60.00 per cent at Rs 0.06 crore versus (Sep'24 Rs 0.15 crore).

Operating Profit slipped by 105.45 per cent to Rs -0.12 crore as against Rs 2.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 105.72 per cent in September quarter.

Interest declined by 22.38 per cent y-o-y to Rs 1.11 crore, while Taxation decreased by 562.50 per cent at Rs -0.37 crore (Sep'24 Rs 0.08 crore).