New Delhi, Feb 12: Cosmo First Limited today announced its financial results for the quarter ended December 2025 and year-to-date December 2025, reporting improved EBITDA performance in Q3 FY26 compared to the previous year.

The improvement was driven by a strong 29% increase in sales volumes and better performance from the specialty chemical subsidiary. However, overall EBITDA was partially impacted by margin decline in BOPP and BOPET core films, the full-quarter impact of high USA tariffs, a volume loss of around 6% due to the shutdown of one BOPP line, and a non-repetitive inventory loss of ₹8.4 crores arising from a drop in raw material prices.

Profit After Tax (PAT) remained muted due to higher depreciation and interest costs related to newly commissioned capacities.

The Company expects double-digit revenue growth in the coming quarters, supported by enhanced utilization of recently added capacities. Additionally, the recently announced reduction in USA tariffs is expected to improve profitability from USA operations starting Q1 FY27, once the higher-duty-paid inventory is fully exhausted.

Cosmo Plastech, the Group’s rigid packaging vertical, achieved positive EBITDA in December 2025. The focus going forward will be on improving profitability through higher capacity utilisation and operational efficiency.

Both consumer-facing businesses—Zigly (Petcare) and Cosmo Consumer (Window Films, Paint Protection Films & Ceramic Coatings)—continued to scale up. Zigly posted over 50% year-on-year topline growth in Q3 FY26, reflecting strong momentum in the petcare segment.

Commenting on the Company’s performance, Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd., said,

“The FY26 focus will be on achieving close to full capacity utilization for the Films business and faster scaling of new businesses.”

 Key Developments During the Quarter

1. Films Business (Cosmo Films)

  • Announced a strategic joint venture in South Korea with Filmax Corporation to introduce and scale multiple Cosmo First business verticals in the South Korean market.

  • Honoured with the IFCA Star Award for excellence in packaging innovation.

  • Launched high-performance packaging films for the pet food industry.

2. Rigid Packaging (Cosmo Plastech)

  • Expanded into rigid packaging solutions for the pharmaceutical industry with PET sheets.

3. Petcare Business (Zigly Petcare)

  • Expanded footprint in Western India.

  • Opened its first complete pet care centre in Pune and second centre in Jaipur.

4. CSR & Foundation (Cosmo Foundation)

  • Partnered with the Border Security Force (BSF) to expand Delhi’s green cover with a 15,000-tree Miyawaki and fruit-bearing forest initiative.

  • Ms. Yamini Kumar Jaipuria was honoured as ET NOW Impactful Women Leaders of India 2025 and Impactful CSR Leader of India 2025 at the ET Edge GSA Transformation Series.

5. Corporate / Group-Level Milestone

  • Achieved the globally recognised Information Security Management System certification – ISO/IEC 27001:2022.