Cosmo Films Limited, one of the market leaders in manufacturing & exporting of BOPP Films in India announced their Q1 ending results with total income of Rs. 186.93 crore for the Quarter ending June 30th, 2008, IDT increases 59.89% to Rs. 23.76 crore from Rs. 14.86 crore, PAT grows 59.73% to Rs. 14.52 crore from Rs 9.09 crore

Key Developments:Procurement of new metallizer:

Cosmo Films Ltd. made an investment of Rs 15 crore towards procurement of 2400 mm wide metallizer for further capacity addition in its metallizing business.

Participation in Interpack 2008:

The company participated in Interpack 2008 the largest global exhibition for packaging at Düsseldorf held every 3 years and received tremendous response while obtaining leads to different parts of the world adding to Cosmo’s reputation globally.

Awarded Dun & Bradstreet and Export Credit Guarantee Corporation of India Ltd. (ECGC) Top Exporter Award in India:

Expansion plans:

The company plans to increase its capacities from 56,000 MT of BOPP Films, 24,000 MT value add Film to 1,36,000 MT of BOPP films, 33,500 MT value add Film by Fiscal 2010 making it one of the largest players in this segment.