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Last Updated : Oct 28, 2016 01:28 PM IST | Source: Moneycontrol.com

Cupid surges 17% on profit growth of 32% in Q2

The company's Q2 (August-September) net profit rose 31.7 percent at Rs 5.4 crore against Rs 4.1 crore, in the same period last fiscal.

 
 
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Moneycontrol Bureau

Share price of Cupid surged 17 percent intraday Friday on the back of robust September quarter numbers.

The company's Q2 (August-September) net profit rose 31.7 percent at Rs 5.4 crore against Rs 4.1 crore, in the same period last fiscal.

The total income of the company has increased by 40.8 percent at Rs 22.1 crore versus Rs 15.7 crore.

Its EBITDA was up 34.3 percent at Rs 9 crore and EBITDA margin was at 40.7 percent.

The company has declared an interim dividend of Re 1 (10 percent) per equity share.

At 12:26 hrs Cupid was quoting at Rs 359.10, up Rs 43.45, or 13.77 percent on the BSE.

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First Published on Oct 28, 2016 01:27 pm
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