Great results by the company and importantly, the results are expected to be only better from here on since the 100cr order’s full quarter impact would start reflecting from the present quarter. Please Look at the results here -> http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/D63F6423_5B64_4DF5_8587_B3C664F7A3F1_084942.pdf
I hope people have also noticed the new revamped website of Cupid Ltd.
Very strong set of numbers. Increase in turnover was very heartening and it seems their bet on newer verticals has started to pay off. Operating profit margins have dramatically improved. The net profits were also very good and higher despite the tax provisions. Its important to remember that last year June Quarter there were no tax provisions and therefore, this makes the net profits margins of the company even better. Looks like we have a very strong bet starting to pay off now.
The juggernaut continues here. Wonderful performance. Now the stock is well researched and followed by the big guys so no need to give any further information from outside. We were lucky to catch it right at the cusp of its turnaround.
God Bless !!!