The Board of Director at their meeting held on Thursday, January 29, 2026 approved the standalone and consolidated financial results of the Company for the quarter and half year ended September ....
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The Board, on January 29, 2026, approved unaudited standalone and consolidated financial results for Q2 (ended Sep 30, 2025) and Q3 (ended Dec 31, 2025) of FY26, along with the auditor's limited review reports. On a standalone basis, H1 FY26 revenue from operations was Rs. 19.67 lakhs with a loss after tax of Rs. 73.11 lakhs; Q3 FY26 standalone revenue was Rs. 12.05 lakhs with a loss of Rs. 15.04 lakhs, taking the nine-month standalone loss to Rs. 44.63 lakhs. Consolidated H1 FY26 loss after tax stood at Rs. 237.61 lakhs – this is the company's first-ever consolidated filing covering 11 subsidiaries. The Board also authorised the Managing Director and a Non-Executive Director to enter NDAs/due-diligence arrangements for potential acquisitions and to finalise marketing, distribution and business development tie-ups.
Cupid remains in heavy losses with negligible revenue, though management says it is scaling up operations and expects scalable revenue from Q3 FY26 onwards via state excise licences, contract bottling units and its own brand base. Pending acquisitions could change the business profile but also add execution risk; shareholders should watch for the promised revenue ramp-up and any binding acquisition announcements.