Kusumgar Appoints Ratan Jha as CFO; Approves Q1 FY27 Unaudited Financial Results
Kusumgar Limited appointed Ratan Jha as Chief Financial Officer, effective August 11, 2026. The company also approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Standalone revenue was ₹2,419.12 million, and consolidated revenue was ₹2,472.47 million.
The appointment of a key managerial personnel like the CFO is a significant event for the company's strategic and financial operations. The approval of quarterly results also provides clarity on the company's financial performance.
The appointment of a new CFO with extensive experience and the approval of financial results with an unmodified opinion are positive developments for the company.
Kusumgar Limited announced today, August 11, 2026, the appointment of Mr. Ratan Jha as the Chief Financial Officer (CFO), a Key Managerial Personnel, effective from the same date. This appointment was based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Mr. Jha brings over 18 years of experience in finance, holding a Master of Commerce from Mumbai University and being a qualified Chartered Accountant. His prior roles include significant positions at Prabhudas Lilladher, Shree Pushkar Chemicals & Fertilisers Limited, and Epsilon Carbon Private Limited, with expertise in IPOs, financial planning, taxation, and corporate governance.
Furthermore, the Board of Directors approved the Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report, which carried an unmodified opinion. The Board meeting commenced at 12:55 p.m. and concluded at 1:56 p.m.
The financial results for the quarter ended June 30, 2026, show standalone revenue from operations at ₹2,419.12 million and consolidated revenue from operations at ₹2,472.47 million. Standalone profit after tax was ₹376.61 million, and consolidated profit after tax was ₹426.47 million.
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Kusumgar Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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