Personal Products company Cupid announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Income was at Rs 4,728.55 lakh, as compared to Rs 3644.97 lakh in Q2FY24, up by 29.73%. Operating Income was at Rs 4,155.49 lakh, as compared to Rs 3446.37 lakh in Q2FY24, grown by 20.58%. EBITDA was at Rs 1,027.94 lakh, as compared to Rs 522.71 lakh, registered a growth of 96.66%. EBIDTA margin was at 24.74%, as compared to 15.17%, registered a growth of 957 basis points. Net Profit was at Rs 1,003.87 lakh, as compared to Rs 511.61 lakh in Q2FY24, clocking a growth of 96.22%. Net profit margin was at 24.16%, as compared to 14.84%, registered a growth of 932 basis points. H1FY25 Financial Highlights: Total Income was at Rs 9,131.15 lakh, as compared to Rs 7164.74 lakh in H1FY24, up by 27.45%. Operating Income was at Rs 8068.81 lakh, as compared to Rs 6813.97 lakh in H1FY24, grown by 18.42%. EBITDA was at Rs 1693.85 lakh, as compared to Rs 704.82 lakh in H1FY24, registered a growth of 2.4 times. EBIDTA margin was at 20.99%, as compared to 10.34% in H1FY24, registered a growth of 1065 basis points. Net Profit was at Rs 1829.38 lakh, as compared to Rs 727.40 lakh in H1FY24, clocking a growth of 2.5 times. Net profit margin was at 22.67%, as compared to 10.68% in H1FY24, registered a growth of 1199 basis points. Other Highlights: Expanded its B2C basket of Cupid products by launching new Eau De Parfums (EDPs) Range, new deodorants, almond hair oil, massage oils, skin protecting jelly, toilet seat sanitizers with more new products under development. Witnessed strong growth in super stockists, distributors and retail touchpoints for the B2C domestic business. Continued growth in the IVD business and automation of IVD production in the existing facility is also in process. Strengthening teams across procurement, production, logistics, sales and marketing, new products and brand enhancement. Currently doing contract manufacturing of both male and female condoms for large domestic FMCG and Pharma companies, new automated packaging machines for condoms also ordered to improve productivity. The Global B2B teams extensive outreach with both existing and new international customers for participating in new tender, OEM and branded business is yielding good results Aditya Kumar Halwasiya, Managing Director, said: “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. We are building the foundation blocks for a stronger, larger and more prosperous Cupid Limited. We have finalized the architect and main structural consultant and are in the advanced stages of appointing the main contractor to start the construction of the new Cupid Palava Plant. Levelling of the land and construction of the compound wall is currently under way and we have also finalized the machinery suppliers for the new Plant and will place orders for the same during Q3 and Q4 of FY25. We are confident of starting operations at our new Palava Plant by December 2025. Parallelly we are expecting to achieve a revenue milestone of Rs 60 crore 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 touchpoints 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.” Result PDF