Cupid Limited Q1 FY25 Result: Share of condom maker Cupid Ltd (NSE: CUPID) is in focus. The company’s stock has reached an upper level of 5 percent.
Share of Cupid Limited on BSE today reached an intraday high of around 100 rupees (Rs 95.99). The reason behind this rise in share is the excellent results of the June quarter.
The male-female condom maker released its June quarter results late Tuesday evening.
In the June quarter, the company’s net profit increased by 282.6% year-on-year to ₹ 825.51 lakhs, while in the same quarter last year, the company’s net profit was ₹ 215.79.
Apart from this, Cupid Ltd’s income in the June quarter increased by 25.1% to ₹ 4402.60 lakhs, while in the same quarter last year, it was ₹ 3519.77 lakh.
The Company Gave This Information
According to the statement of the company, the board has endorsed the creation of a wholly owned affiliate located in the United Arab Emirates to gain market share within the Global Capability Center (GCC) sector.
The concept of the Green Field Plant in Palava is completed, and the plant will be operational before the end of the calendar year 2025.
Pocket perfumes and deodorants have been launched for the B2C business along with the development of perfume products, hair oil, massage oil, and cream.
The US FDA approval process for Cupid Ltd version 3 female condom has been updated.
Giving Profit For A Year
The company’s share has climbed 65% so far this year YTD. For the past year, this stock has earned an impressive return of around six hundred percent. A year ago, the price of this stock was only Rs 14.
Over five years the stock has earned an annual return of 1,390 %. Its 52-week high price is Rs 141.65 and its 52-week low price is Rs 13.99. Its market cap is Rs 2,575.94 crore.
Company Turnover
The company was founded in 1993. Cupid Ltd is a leading producer of female and male condoms, lubricant jelly made of water IVD kits, and deodorant in India.
The company boasts a production capacity of the equivalent of 480 million male condoms, 50 million condoms for females, and 210 million pouches of grease jelly along with 30 million IVD test kits per year.
The company has just launched its line of Cupid deodorants and perfumes for the pocket.
Cupid Stock Performance
| Current Price | ₹ 100.62 |
| 52-wk High | ₹ 142 |
| 52-wk Low | ₹ 14.0 |
| 5 Days Return | 2.71% |
| 1 Month Return | 9.15% |
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