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Cupid slumps after Q4 PAT skids 38% to Rs 6 cr

Cupid fell 6.87% to Rs 231.15 after the company s standalone net profit dropped 38% to Rs 6.47 crore on 4.1% decline in net sales to Rs 39.60 crore in Q4 March 2021 over Q4 March 2020.
Profit before tax tanked 39.9% to Rs 8.36 crore in Q4 FY21 as against Rs 13.92 crore in Q4 FY20. EBITDA dropped 38.83% to Rs 9.04 crore as compared to Rs 14.78 crore during the corresponding period of previous year. EBITDA margin stood at 22.8% in Q4 FY21 as against 35.8% in Q4 FY20. The Q4 earnings was declared post market hours yesterday, 3 June 2021.
The exports in Q4 FY21 was at 75% of the total revenue over 86% during Q4 FY20. Domestic sale stood at 25% which includes contribution from vitro diagnostic device (IVD) sale as against 14% in Q4 FY20. The product mix in Q4 FY21 for male condoms (MC) margin was at 53% as compared to 31% in Q4 FY20. Female condoms (FC) margin stood at 29% during the quarter over 68% in Q4 FY20. The Jelly, Hand sanitizer, Hair Removal, Sale of raw material cate ....

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Indian stocks likely to witness positive momentum as optimism emerge on Covid front

Indian stocks likely to witness positive momentum as optimism emerge on Covid front
May 07, 2021
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Stocks to watch out for today: CG Power, Sadbhav Infra, Aurionpro, Cupid, Shri Bajrang Alliance, and Zensar Tech.

Positive momentum is likely to continue for Indian stock markets on Friday, thanks to bullish global cues. SGX Nifty is currently ruling at 14,875 (800 am IST), signals a 100-point gap up opening for Nifty futures, which on Thursday closed at 14,769.95.
The US stocks overnight closed strongly higher, with Dow Jones gaining over 300 points and the tech-focused Nasdaq 50 points. Asian stock markets in the morning session too followed suit, as Japan s Nikkei, Korea s Kospi, Taiwan Weighted Index and Australia s ASX are ruling with a gain of between 0.3 per cent and 0.8 per cent. ....

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Cupid Limited receives Rs. 10.50 crore order for Covid19 Antigen based rapid test kits

Cupid Limited receives Rs. 10.50 crore order for Covid19 Antigen based rapid test kits
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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