Cupid Q2 Results Reveal Strong Profit Numbers, ₹56.22 Crore Earnings And Big Equity Conversion Plan Take Centre Stage
Mumbai: Cupid Limited has reported a consolidated net profit of ₹56.22 crore for the second quarter of FY27, ended September 30, 2026. The company recorded revenue from operations of ₹187.86 crore, while total income stood at ₹208.97 crore, according to the financial figures provided. The quarterly results also come alongside a significant investment-related development, with Cupid announcing…
Mumbai: Cupid Limited announced a strong financial performance in its second quarter of FY27, with a consolidated net profit of ₹56.22 crore. The company reported revenue from operations of ₹187.86 crore and total income of ₹208.97 crore, underscoring its robust business activities. Additionally, Cupid revealed plans to convert its remaining outstanding warrants in Baazar Style Retail into equity shares, marking a significant investment-related development.
This proposed conversion, which will occur at ₹328.25 per share, will increase the company's equity exposure to Baazar Style Retail. Investors are closely watching this development, as it could impact Cupid's equity portfolio and overall financial strategy.
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