Cupid's Profit Skyrockets! Quarterly Results DOUBLE - What Investors Need to Know NOW!

Consumer Products

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Updated on 13 Nov 2025, 07:15 am

Cupid Limited has announced outstanding financial results for the second quarter of fiscal year 2024 (Q2FY24), showcasing significant growth across key metrics. The company's net profit more than doubled, reaching ₹24 crore, a substantial increase from ₹11 crore in the same period last year. Revenue also saw a remarkable surge of 91% year-on-year, amounting to ₹90 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) demonstrated exceptional growth, escalating by 176% to ₹28 crore, alongside a 34% year-on-year improvement in EBITDA margin.

Cupid remains optimistic about achieving its full-year financial guidance, targeting a topline of ₹335 crore and a net profit of ₹100 crore. This confidence stems from the growing acceptance of its diverse product portfolio, upcoming launches of facewash and talcum powder, and enhanced distribution networks across modern trade, general trade, and e-commerce channels, which are driving repeat sales and market penetration.

Aditya Kumar Halwasiya, Chairman and Managing Director, highlighted the company's strong brand acceptance in India and deepening relationships in export markets, further bolstered by new certifications opening up new territories. Strategic capacity expansion and efficient procurement initiatives are in place to build a resilient growth engine.

**Impact** This news is highly positive for Cupid Limited shareholders and signals strong growth potential within the consumer products sector in India. It demonstrates effective business strategies and product development leading to impressive financial outcomes. The stock's upward movement reflects investor enthusiasm. Rating: 6/10

**Difficult Terms Explained**: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It's a measure of a company's operating performance and profitability before considering interest expenses, taxes, and non-cash charges like depreciation and amortization. It gives insight into the company's core operational profitability. Year-on-year (y-o-y): A comparison of financial data between a specific period in the current year and the same period in the previous year (e.g., Q2 2024 vs. Q2 2023).