ECOS (India) Mobility & Hospitality Ltd — earnings calls

ECOS reported Q1 FY27 revenue growth of 16.7% year-on-year with trip volumes up 27% and 61 new clients added, while EBITDA margin declined to 10.3% from 12.0% a year earlier due to higher operating costs and pricing pressure, particularly in the ETS segment. Management lowered its FY27 EBITDA margin expectation to around 10%, down from the earlier 11% to 13% range. The company also expanded its footprint to 151 cities, grew its vehicle network to approximately 19,500 vehicles, and continued to build out its EV fleet and technology platforms including a B2C app launch planned for the quarter.