Kusumgar Q2 FY27 Results: Consolidated Net Profit ₹40.60 Crore on Total Income of ₹255 Crore
- Earnings
- Technical textiles
Reviewed byRachit TripathiBlacklitt Research
Kusumgar (NSE: KUSUMGAR) reported consolidated total income of ₹255.05 crore and net profit of ₹40.60 crore for the quarter ended 30 Sep 2026, it said in a filing on 05 Nov 2026. Standalone total income was ₹244.77 crore and standalone net profit ₹33.16 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹255.05 crore, up 95.1% YoY and 2.6% QoQ
- Net profit and EPS: ₹40.60 crore, up 271.9% YoY and down 4.8% QoQ; basic EPS ₹3.87
- Finance costs: ₹13.03 crore, down 78.3% YoY from ₹60.14 crore
- Tax expense: ₹12.23 crore, 23.2% of profit before tax of ₹52.82 crore
Standalone
The company on its own, without its subsidiaries
- Total income: ₹244.77 crore, up 96.6% YoY and 0.5% QoQ
- Net profit and EPS: ₹33.16 crore, up 280.4% YoY and down 20.8% QoQ; basic EPS ₹3.16
- Finance costs: ₹12.80 crore, up 107.5% YoY from ₹6.17 crore
- Tax expense: ₹11.37 crore, 25.5% of profit before tax of ₹44.53 crore
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 255.05 | 130.74 | +95.1% | 248.62 | +2.6% | |
| Revenue from operations | 250.94 | 138.78 | +80.8% | 247.25 | +1.5% |
| Other income | 4.11 | 1.96 | +109.8% | 1.37 | +200.2% |
| 40.60 | 10.92 | +271.9% | 42.65 | -4.8% | |
| Profit before tax | 52.82 | 12.98 | +306.9% | 57.85 | -8.7% |
| Finance costs | 13.03 | 60.14 | -78.3% | 12.74 | +2.3% |
| Depreciation | 11.48 | 10.97 | +4.7% | 13.67 | -16.0% |
| Tax expense | 12.23 | 2.06 | +492.5% | 15.20 | -19.5% |
| Net profit margin | 15.92% | 8.35% | +7.57 pp | 17.15% | -1.24 pp |
| EPS, basic (₹) | 3.87 | 1.08 | +258.3% | 4.18 | -7.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Profit grew much faster than income in the year-earlier comparison. Consolidated net profit rose 271.9% to ₹40.60 crore while total income rose 95.1%, and profit before tax rose 306.9% to ₹52.82 crore. The year-ago quarter had finance costs of ₹60.14 crore against ₹13.03 crore now, a gap the table makes clear.
Other income of ₹4.11 crore is 7.8% of profit before tax, and tax of ₹12.23 crore is 23.2% of profit before tax. Revenue from operations rose 80.8% YoY, slower than other income, which rose 109.8%. The filing does not give the reason for the year-ago finance costs or for the rise in profit before tax.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 244.77 | 124.51 | +96.6% | 243.59 | +0.5% | |
| Revenue from operations | 239.92 | 122.20 | +96.3% | 241.91 | -0.8% |
| Other income | 4.85 | 2.31 | +110.3% | 1.67 | +189.8% |
| 33.16 | 8.72 | +280.4% | 41.86 | -20.8% | |
| Profit before tax | 44.53 | 9.91 | +349.5% | 56.60 | -21.3% |
| Finance costs | 12.80 | 6.17 | +107.5% | 12.51 | +2.3% |
| Depreciation | 12.51 | 11.55 | +8.3% | 10.73 | +16.5% |
| Tax expense | 11.37 | 1.19 | +855.8% | 14.74 | -22.8% |
| Net profit margin | 13.55% | 7.00% | +6.55 pp | 17.19% | -3.64 pp |
| EPS, basic (₹) | 3.16 | 0.86 | +267.4% | 4.10 | -22.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 280.4% YoY to ₹33.16 crore, while standalone profit before tax rose 349.5% to ₹44.53 crore. Standalone finance costs of ₹12.80 crore are 5.2% of total income, and tax of ₹11.37 crore is 25.5% of profit before tax.
Standalone net profit fell 20.8% QoQ while total income rose 0.5%. The standalone prior-year quarter figures are balancing figures between the six-month and June quarter numbers and were not reviewed by the statutory auditors, according to the notes.
Inference
The Board approved both sets of results on 5 Nov 2026, and the statutory auditors expressed an unmodified conclusion on both. The Equities were listed on BSE and NSE on 15 Jul 2026, and the IPO was an offer for sale of 1,55,21,350 shares at ₹419 per share, with no proceeds to the company.
The company says it has a non-binding term sheet with Certoplast Holding GmbH for a joint venture to manufacture tapes in India, with Kusumgar and Certoplast holding 50.1% and 49.9%, subject to definitive agreements and approvals. The size and timing of any investment are not stated, and the filing does not say how the IPO funds will be used.
Filed with BSE on . Reference: Original filing (PDF)
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