Earnings
Home›Earnings›Results›Cupid profit surges 194% in June quarter, boosts FY27…
Cupid profit surges 194% in June quarter, boosts FY27 outlook
Revenue rose 142% YoY to ₹157 crore, and Cupid said EBITDA jumped 265% to ₹60 crore as margins expanded.
Cupid Ltd. posted a sharp rise in profitability for the June-ended quarter, with net profit climbing 194% year over year to ₹44 crore, alongside revenue from operations that increased 142% YoY to ₹157 crore, LiveMint Markets reported.
The company also said operating performance improved materially, with EBITDA up 265% YoY to ₹60 crore. Its EBITDA margin expanded by 1,127 basis points YoY, reflecting improved operating leverage and a favorable mix of businesses.
Cupid raised its FY27 guidance, now expecting revenue in the range of ₹725-750 crore and net profit of ₹210-225 crore. The outlook was supported by a strong order book, including sizeable expected orders for its IVD Kits portfolio from multiple state governments in India and international opportunities after CE certifications.
The firm added that it has received CE certifications and expects several award-process opportunities to feed a near-term growth pipeline. It also implemented a minimum 10% price increase across its export portfolio, and said its Palava manufacturing facility remains on track for commissioning during Q2 FY27, targeting about 1.25 billion male condoms and 125 million female condoms annually.