Cupid Ltd Q2 Profit Surges to Rs 24 Cr
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Cupid Ltd reports over two-fold increase in net profit to Rs 24 crore for Q2 ended September 30. Total income increased to Rs 90 crore.
New Delhi, Nov 13 (PTI) Healthcare products manufacturer Cupid Ltd on Thursday reported over two-fold increase in its net profit to Rs 24 crore for the second quarter ended September 30.
The company had reported a net profit of Rs 10 crore in the July-September quarter of last year.
Total income increased to Rs 90 crore for the second quarter as against Rs 47 crore in the year-ago period, the company said in a statement.
"With capacity expansion and smarter procurement, we are removing execution bottlenecks and building a durable growth engine. We remain on track for our Rs 335 cr topline in FY26 and will reassess guidance during H2 in light of the constructive developments across our portfolio," Cupid Chairman and MD Aditya Kumar Halwasiya noted.
The second half of FY26 is expected to be stronger than the first half, driven by strong order visibility and improving execution, it stated.
The company also expects to deliver net profit of over Rs 100 crore for the year, it added.
Shares of the company were trading 2.63 per cent up at Rs 287.05 apiece on BSE.
The company had reported a net profit of Rs 10 crore in the July-September quarter of last year.
Total income increased to Rs 90 crore for the second quarter as against Rs 47 crore in the year-ago period, the company said in a statement.
"With capacity expansion and smarter procurement, we are removing execution bottlenecks and building a durable growth engine. We remain on track for our Rs 335 cr topline in FY26 and will reassess guidance during H2 in light of the constructive developments across our portfolio," Cupid Chairman and MD Aditya Kumar Halwasiya noted.
The second half of FY26 is expected to be stronger than the first half, driven by strong order visibility and improving execution, it stated.
The company also expects to deliver net profit of over Rs 100 crore for the year, it added.
Shares of the company were trading 2.63 per cent up at Rs 287.05 apiece on BSE.
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