Multibagger Cupid shares gain 6% after company raises FY27 revenue, profit guidance. Could this trigger a further rally?
New Delhi, Sept. 23 -- Cupid Ltd., a consumer wellness and personal care company, saw it shares settle 6% higher in Wednesday's trade, reaching 273.85 apiece after the company at its 33rd Annual General
Meeting further raised if profit and revenue outlook for the current fiscal year, citing steady growth in its both global healthcare and Bharat consumer business.
The company entered FY27 with strong momentum, with total income in the June quarter growing 142% year-on-year to Rs.157 crore, while profit after tax rose 194% to Rs.44 crore, with an EBITDA margin of 39%.
Citing the strong quarterly performance, a robust order pipeline and momentum across both business engines, Cupid raised its FY27 guidance to revenue of Rs.725-750 crore an...
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