CUPID LTD.-$ Q3 FY25 Results

Summary

Cupid Limited, a leading manufacturer and brand of various FMCG products, has announced its financial results for the quarter and nine months ended 31st December 2024. The company reported an increase of 24.47% in total income and 24.60% in net profit compared to the same period last year.

Key Highlights

1. 1

   Total Income increased by 24.47% YoY to X 50.76 crore in Q3FY25

2. 2

   Operating Income grew by 15.73% YoY to X 46.35 crore in Q3FY25

3. 3

   Net Profit climbed by 24.60% YoY to X 11.04 crore in Q3FY25

4. 4

   9M FY25 Net Profit surged by 81.72% YoY to X 29.33 crore

5. 5

   Company is on track to achieve a turnover of Rs. 60 crore in FY25 and more than doubling it to Rs. 125 crore in FY26 from the B2C Indian FMCG business alone

6. 6

   Focused engagement with distributors and other partners for robust and sustainable growth in B2C Indian FMCG business

7. 7

   Expanded B2C basket of Cupid products by launching new Eau De Parfums (EDPs) Range, new deodorants, almond hair oil, massage oils, skin protecting jelly, bath oils, toilet seat sanitizers, Menstrual Cups, CupiKit Urine Strips and Hair removal sprays

8. 8

   The B2B domestic and international tender business and white labelling/3P Manufacturing business in India and abroad is growing

9. 9

   Weare inan advanced stage of CE certification for 4 IVD kits - Hepatitis B, HIV, Syphilis and Pregnancy kits and are set to receive the same by Q1FY26

10. 10

    Strengthened board with appointment of four new directors. Ms. Smeeta Bhatkal, Mr. Santosh Desai and Mr. Akshay Kumar join as Independent Directors; Ms. Shaina NC as Non-Executive Director