Cupid has reported results for the first quarter ended June 30, 2020.
The company has reported 27.45% fall in its net profit of Rs 5.92 crore for the quarter under review as compared to net profit of Rs 8.16 crore for the same quarter in the previous year. Total income of the company decreased by 19.62% at Rs 28.48 crore for Q1FY21 as compared Rs 35.43 crore for the corresponding quarter previous year.
Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental dams and probe covers. Cupid has a diverse product basket available in over 25 countries worldwide.