Earnings Pataka: Cupid‘s FY16 net profit up 107%

CNBC-TV18’s Varinder Bansal throws more light on Cupid’s fourth quarter earnings and the reason for selecting the company in his special segment ‘earnings pataka’. 

The company he says has been reporting good numbers in all quarters but fourth quarter numbers have been exceptional. The total operating income was up 40 percent at Rs 18.2 crore and EBITDA was up 121 percent at Rs 8.8 crore. Net profit too was up 262 percent at Rs 4.6 crore.

Similarly, for the whole year, total operating income was up 39 percent at Rs 62.8 crore and EBITDA Margins up 42.9 percent versus 30.0 percent for the previous fiscal. The full year net profit was up 107 percent at Rs 15.93 crore versus Rs 7.7 crore reported in FY15.

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