Cupid Limited's Financial Triumph: Doubling Profits in a Year!

Cupid Limited reported a nearly doubled net profit for Q2 FY25, reaching ₹ 1,003.87 lakhs, driven by strong operational efficiencies and expansion plans. The company's total income rose by 29.73%. New plant construction and growing domestic B2C market are strategic focuses for further expansion.

Mumbai, November 14, 2024: Cupid Limited, a leader in manufacturing FMCG products, showcased outstanding financial growth with a net profit of ₹ 1,003.87 lakhs in Q2 FY25, marking a 96.22% increase from the previous year's same quarter.

The company's total income rose by 29.73%, reaching ₹ 4,728.55 lakhs, while their EBITDA surged by 96.66% to ₹ 1,027.94 lakhs. Net profit margin improved significantly by 932 basis points.

Aditya Kumar Halwasiya, Managing Director, emphasized operational efficiency and announced an ambitious expansion plan, including a new plant in Palava and achieving significant revenue milestones in the domestic B2C market.

(With inputs from agencies.)