Cosmo First Limited Approves Audited FY26 Results, Reappoints Independent Director
Cosmo First Limited's Board approved audited financial results for FY26 and recommended a final dividend of ₹4 per share. Mr. Arjun Singh was reappointed as Non-Executive Independent Director for a second five-year term from October 27, 2026. The company reported a consolidated net profit of ₹155.98 crore for FY26.
The dividend recommendation and reappointment of a director are positive but do not represent a significant strategic shift or a major financial event that would drastically alter the company's trajectory. The financial results show growth, contributing to the medium impact.
The announcement includes the approval of audited financial results, recommendation of a final dividend, and reappointment of an independent director, all of which are positive developments for the company.
Cosmo First Limited announced the outcome of its Board Meeting held on May 20, 2026. The Board approved the Audited Financial Results for the Quarter and Year ended March 31, 2026, with an auditor's declaration of an unmodified opinion. Additionally, the Board recommended a final dividend of 40%, or ₹4 per equity share, for the financial year 2025-26. This dividend is to be paid within 30 days of the conclusion of the upcoming Annual General Meeting. The Board also approved the reappointment of Mr. Arjun Singh as a Non-Executive Independent Director for a second term of five consecutive years, effective October 27, 2026. This reappointment is based on the recommendations of the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Singh has over 30 years of experience in business leadership and holds an MBA from IIM Calcutta and a Bachelor's degree in chemical engineering from IIT, Bombay.
The company reported a Profit Before Tax of ₹39.52 crore for the three months ended March 31, 2026, compared to ₹23.07 crore in the same period last year. For the full year ended March 31, 2026, Profit Before Tax stood at ₹128.50 crore, an increase from ₹108.36 crore in the previous year. Net profit for the year ended March 31, 2026, was ₹106.43 crore, up from ₹88.03 crore in FY25.
In consolidated results, Profit Before Tax for the year ended March 31, 2026, was ₹200.52 crore, compared to ₹163.14 crore in FY25. Net profit for the consolidated entity for the year was ₹155.98 crore, an increase from ₹133.37 crore in the previous year. The meeting commenced at 02:30 PM and concluded at 05:45 PM.
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COSMO FIRST LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by COSMO FIRST LIMITED. Read the original for the full detail.