Kusumgar Ltd — earnings calls

Kusumgar reported consolidated revenue of Rs 247.2 crore for Q1 FY27, up approximately 102% year on year, driven by execution of ready parachute contracts, though revenue declined roughly 21% sequentially from Q4 FY26 which management described as an anomaly. EBITDA margin came in at approximately 31%, an expansion of about 900 basis points year on year but down from 41% in Q4 FY26, while profit after tax was Rs 42.6 crore at a margin of approximately 17% versus Rs 6.6 crore and 5% margin in Q1 FY26. Management said it does not intend to provide formal forward-looking guidance given structural uncertainties around product approvals, government tender timing, and global tariff volatility.