Cupid Ltd. reported a sharp jump in its June-quarter earnings, with consolidated net profit surging nearly 200% year-on-year as stronger operating margin and a more than 2.6-fold increase in revenue boosted profitability. The company's consolidated net profit rose to Rs 44.1 crore in the quarter ended June, compared with Rs 15 crore in the corresponding period last year, according to an exchange filing on Friday. Revenue from operations surged to Rs 154.7 crore from Rs 59.8 crore, reflecting robust business momentum and strong execution during the quarter. ALSO READ: Titan Q1 Results: Profit Soars 63% To Beat Estimates; Revenue Tops Rs 21,300 Crore Operating performance improved even faster than revenue. Earnings before interest, tax, depreciation and amortisation climbed to Rs 60.1 crore, up from Rs 16.5 crore a year ago. The Ebitda margin expanded to 38.8% from 27.5%, indicating better operating leverage and an improved product mix. Cupid's June-quarter performanc...
- Mr Jindal was also a Congress MP. He represented Kurukshetra constituency in the Lok Sabha from 2004 to 2014 as a Congress MP. This time, he said he wants to contribute to Prime Minister Narendra Modi's agenda of 'Viksit Bharat'.
- Mr Jindal had lost from Kurukshetra in 2014. He said the country has progressed under PM Modi's leadership in the past 10 years, and many historic steps such as the scrapping of Article 370 under the Constitution have been taken.
- The dream of having a Ram temple in Ayodhya has also been realised, Mr Jindal said. The BJP has said Mr Jindal's presence in the party will help the government's agenda of boosting the country's economy and prosperity.
- Sita Soren is the sister-in-law of former Jharkhand Chief Minister Hemant Soren. She will contest from Dumka (Scheduled Tribes) constituency. She joined the BJP on March 20, citing "isolation" and "neglect" by the JMM since her husband Durga Soren's death in 2009.
- Sita Soren was first elected MLA from Jama in 2009. She then became the JMM's national general secretary. She won the Jharkhand assembly election from Jama again in 2014 and 2019.
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