Cupid raises FY27 revenue guidance to ₹800+ Cr and profit guidance to ₹250+ Cr
CUPID · price
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Cupid Limited announced strong Q2 FY27 momentum with revenue expected to cross ₹200 Cr. Management raised FY27 revenue guidance to ₹800+ Cr and net profit guidance to ₹250+ Cr, revised upward from prior outlook. Key updates include in-principle approval for a South African manufacturing venture, additional USD 5 million follow-on investment from GII Healthcare, and conversion of 30 lakh warrants in Baazar Style Retail at ₹328.25 per share. Inclusion in BSE Group A, NIFTY Small Cap 250, and FTSE Emerging Markets All Cap Index also noted.
Raised guidance signals strong growth momentum and improved business visibility. South Africa expansion and index inclusion may boost investor interest.