Cosmo Films, manufacturer of speciality films for packaging, lamination and labelling applications, has reported a 9.98 per cent fall in its consolidated net profit at Rs 25.06 crore for the quarter ended March 2018.
The company had posted a net profit of Rs 27.84 crore during the same period last fiscal.
Total income during the quarter under review stood at Rs 539.32 crore. It was Rs 482.01 crore in the year ago period, Cosmo Films said in a BSE filing.
The board of directors had recommended dividend of Rs 6 per equity share for the financial year 2017-18 subject to approval of shareholders in annual general meeting.
Shares of Cosmos Films were trading 2.15 per cent higher at Rs 254.10 apiece on BSE.