Quarterly Updates19 May 2026, 07:31 am
Cupid Breweries Approves FY26 Audited Financial Results
AI Summary
Cupid Breweries and Distilleries Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved exploring acquisition opportunities, including a potential purchase of a production unit from United Spirits Limited for ₹22.50 Crores. Other key decisions include exploring business opportunities in West Bengal, reviewing the group's expansion strategy, monetizing surplus land, and appointing a new Secretarial Auditor.
Key Highlights
- Approved audited standalone and consolidated financial results for FY26.
- Considering acquisition of United Spirits Limited's Gopalpur unit for ₹22.50 Crores.
- Exploring additional alco-beverage manufacturing unit acquisitions.
- Appointed Ms. Neha Poddar as Secretarial Auditor.
- Reviewed expansion strategy with 8.40 million IMFL/IML case capacity.