Cupid Limited Q2 FY25 PAT up 96.2%

Total Income was at Rs 4,728.55 lakh, as compared to Rs 3,644.97 lakh in Q2 FY24, up 29.73 per cent. Operating Income was at Rs 4,155.49 lakh, as compared to Rs 3,446.37 lakh in Q2 FY24, up 20.58 per cent. EBITDA was at Rs 1,027.94 lakh, as compared to Rs 522.71 lakh, translating to growth of 96.66 per cent. EBITDA margin was at 24.74 per cent, as compared to 15.17 per cent, registered a growth of 957 basis points. Net profit margin was at 24.16 per cent, as compared to 14.84 per cent, registered a growth of 932 basis points.

For H1 FY25, Cupid Net Profit was at Rs 1,829.38 lakh, as compared to Rs 727.40 lakh in H1 FY24, growth of 2.5 times. Total Income was at Rs 9,131.15 lakh, as compared to Rs 7,164.74 lakh in H1 FY24, up by 27.45 per cent. Operating Income was at Rs 8,068.81 lakh, as compared to Rs 6,813.97 lakh in H1FY24, up 18.42 per cent. EBITDA was at Rs 1,693.85 lakh, as compared to Rs 704.82 lakh in H1FY24, marking growth of 2.4 times. EBITDA margin was at 20.99 per cent, as compared to 10.34 per cent in H1FY24, growth of 1,065 basis points. Net profit margin was at 22.67 per cent, as compared to 10.68 per cent in H1FY24, growth of 1199 basis points.

“We are delighted to announce a good set of numbers for the quarter.  On the operational efficiency front we have delivered great margins on YoY quarterly basis in spite of seeing an increase in depreciation and employees cost," said Aditya Kumar Halwasiya, Managing Director, Cupid Ltd. 

"Parallelly, we are expecting to achieve a revenue milestone of Rs. 60 crores from our domestic B2C business where our major focus is to offer the best quality consumer products at compelling prices through a wide network of distributors ensuring Cupid’s presence in more than 150,000 retail touch points by the end of FY25. We are actively working with large modern retailers and executing co-branding opportunities with leading retail chains and online E-Commerce sites for greater brand visibility and to drive sales growth. Going by the current growth trajectory we are confident of achieving Rs. 125 crore revenues just from our domestic B2C segment in FY26," he added. 

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