Press Release9 Apr 2024, 01:18 am
Cupid Limited Announces Highest Quarterly Sales, EBITDA, and PAT Numbers in Q4FY24
AI Summary
Cupid Limited has reported excellent financial results for Q4FY24, with significant increases in quarterly sales, EBITDA, and PAT margins compared to Q3FY24. The company's annual sales, EBITDA, and PAT also showed growth over the previous fiscal year. Cupid Limited is expanding its global footprint and product offerings as part of its strategic growth plans, while maintaining its focus on operational excellence and financial prudence.
Key Highlights
- Cupid Limited achieved its highest quarterly sales, EBITDA, and PAT numbers to date in Q4FY24.
- Operating income went from 24,005 lacs in Q3FY24 to 26,289 lacs in Q4FY24, representing a 57.04% increase.
- EBITDA margins improved from 30.33% in Q3FY24 to 49.13% in Q4FY24, marking an increase of 18.8%.
- PAT margins grew from 22.13% in Q3FY24 to 37.71% in Q4FY24, an improvement of 15.58%.
- Cupid Limited is expanding globally, entering new geographies, and introducing new product lines in its growth strategy