Cosmo Films surges 7% on strong Q3 results, Rs 25/share interim dividend

The company's board of directors have fixed February 8, 2021 as the record date for payment of the interim dividend

Shares of Cosmo Films surged 7 per cent to Rs 475 on the BSE in intra-day trade on Thursday after the company reported a strong 75 per cent year on year (YoY) jump in consolidated net profit at Rs 63 crore in the December quarter (Q3FY21), on the back of healthy operational performance.

The company's board of directors have declared interim dividend of Rs 25 per share for FY21 and fixed February 8, 2021 as the record date.

Meanwhile, the company, engaged in containers and packaging business, posted highest-ever Ebitda (earnings before interest, taxes, depreciation, and amortisation) of