Cupid has reported that its December quarter net profit increased three times to ₹33 crore (₹11 crore) driven by strong execution, healthy demand and sustained momentum across its businesses.
Income more than doubled to ₹104 crore (₹51 crore) in the quarter under review. EBITDA was more than doubled to ₹34 crore.
The company has also announced that its Board has approved a proposal for the issuance of bonus equity shares in the ratio of 4:1.
Shareholders will receive four fully paid-up equity shares for every one equity share held by them as on the record date, which will be announced in due course.
The bonus issue follows a comprehensive evaluation of Cupid’s capital structure, growth trajectory and shareholder base composition, it said.
The bonus issue is expected to improve stock affordability by proportionately reducing the per-share price, thereby making Cupid’s equity more accessible to retail investors, it said.
This enhanced accessibility is anticipated to broaden the company’s investor base and encourage greater retail participation in the company’s equity.
Additionally, the increased number of shares in circulation is expected to improve trading liquidity, providing existing shareholders with greater flexibility in portfolio management.
Aditya Kumar Halwasiya, Chairman and Managing Director said the December quarter performance was the strongest in Cupid’s history, driven by disciplined execution and strong momentum across businesses.
The order book is at an all-time high, providing clear revenue visibility and confidence in sustained performance ahead, he added.
The company continues to strengthen its overseas presence, including in the GCC region, while capacity expansion at the Palava manufacturing facility is progressing as planned in line with the growth roadmap, he said.
To accelerate FMCG growth, the company plans to enter the UAE and Saudi market soon.
“We are confident of exceeding FY26 revenue guidance of ₹335 crore, with net profit expected to exceed ₹100 crore,” he said
The Board evaluated the bonus issue thoughtfully, keeping long-term value creation at the center, said Halwasiya.
Published on January 29, 2026
