Cosco (India) Limited reported its unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27), which were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 14, 2026.

Financial Performance Highlights

Income Statement:

  • Revenue from operations: ₹5,495.44 lakh (Q1 FY27) vs ₹5,003.81 lakh (Q1 FY26) - 10% increase
  • Other income: ₹20.44 lakh (Q1 FY27) vs ₹18.26 lakh (Q1 FY26)
  • Total Income: ₹5,515.88 lakh (Q1 FY27) vs ₹5,022.07 lakh (Q1 FY26)

Expenses Breakdown:

  • Cost of materials consumed: ₹883.05 lakh
  • Purchase of stock in trade: ₹2,410.09 lakh
  • Changes in inventories: ₹343.25 lakh
  • Employee benefits expense: ₹639.67 lakh
  • Finance costs: ₹106.41 lakh
  • Depreciation and amortization: ₹59.89 lakh
  • Other expenses: ₹974.51 lakh
  • Total Expenses: ₹5,416.87 lakh

Profitability:

  • Profit before tax: ₹99.01 lakh (Q1 FY27) vs ₹97.97 lakh (Q1 FY26)
  • Total tax expense: ₹29.06 lakh (including current tax ₹34.97 lakh, deferred tax credit ₹(5.91) lakh)
  • Net profit for the period: ₹69.95 lakh (Q1 FY27) vs ₹54.99 lakh (Q1 FY26) - 27% increase
  • Total comprehensive income: ₹73.47 lakh

Earnings Per Share (face value ₹10 each):

  • Basic EPS: ₹1.68
  • Diluted EPS: ₹1.68

Capital Structure:

  • Paid-up equity share capital: ₹416.10 lakh (unchanged)
  • Other equity: ₹4,756.77 lakh (as of March 31, 2026)

Segment-wise Performance

Revenue by Segment:

  • Manufactured Products: ₹2,178.75 lakh
  • Stock in Trade: ₹3,315.69 lakh
  • Total Segment Revenue: ₹5,495.44 lakh
  • No inter-segment revenue

Segment Results (PBIT):

  • Manufactured Products: ₹(19.36) lakh loss
  • Stock in Trade: ₹227.99 lakh profit
  • Total Segment PBIT: ₹208.63 lakh

Capital Employed by Segment:

  • Manufactured Products: ₹4,231.58 lakh
  • Stock in Trade: ₹6,223.45 lakh
  • Unallocated: ₹(3,744.70) lakh
  • Total: ₹6,639.94 lakh

Notes to Financial Results

1. Financial results prepared in accordance with Indian Accounting Standards (Ind AS)

2. Provisions made proportionately based on FY 2025-26 amounts for:

  • Bonus, leave encashment, gratuity
  • Special discount and other comprehensive income

3. Sales commission accounted on payment basis

4. Provision for Special Discount of ₹106.89 lakh made based on management estimates

5. No interest payable to MSME parties under MSMED Act 2006

6. GST Input Tax credit of ₹123.59 lakh under reconciliation with Electronic Credit Ledger of ₹131.34 lakh

7. ₹34 lakh expenses incurred certified by management pending documentary evidence from branches

8. Contingent Liabilities: Claims against company not acknowledged as debts ₹177.62 lakh (subjudice)

9. Inventory quantity and valuation certified by management

10. Previous period figures regrouped/reclassified for comparability

Auditor's Review Report

Madan & Associates conducted an independent review of the interim financial results and issued an unqualified opinion with emphasis on:

  • Note 3 regarding various provisions
  • Note 6 regarding verification of expenses of branches
  • Note 8 regarding inventory valuation

The auditor confirmed that the statement is prepared in accordance with Ind AS 34 and contains no material misstatements.