Cupid Q1 Results Live : profit rise by 282.55% YOY

Cupid Q1 Results Live : Cupid, the leading company in the dating industry, announced their Q1 financial results on 05 Aug, 2024. The company reported a significant increase in revenue by 16.21% year-over-year (YoY) and an impressive surge in profit by 282.55% YoY.

However, when compared to the previous quarter, Cupid experienced a decline in revenue by 37.78% and a decrease in profit by 65.19%.

The Selling, general & administrative expenses for Cupid rose by 39.94% quarter-over-quarter (QoQ) and increased by 28.99% year-over-year (YoY).

Furthermore, the operating income witnessed a sharp decline by 80.43% QoQ but a remarkable increase by 433.13% YoY.

The Earnings Per Share (EPS) for Q1 stands at ₹0.3, marking a substantial increase of 272.67% YoY.

In terms of market performance, Cupid delivered a -5.64% return in the last week, a -3.22% return in the last 6 months, and an impressive YTD return of 62.92%.

Currently, Cupid holds a market capitalization of ₹2449.28 Cr with a 52-week high/low of ₹140 and ₹14.11 respectively.