Company Update

Cupid Breweries and Distilleries Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company reported total income from operations of Rs. 12.05 lakhs for the quarter and Rs. 57.61 lakhs for the year, with a loss after tax of Rs. 44.63 lakhs for the quarter and Rs. 50.29 lakhs for the year.

Earnings per share stood at a loss of Rs. 4.65 per share for the quarter and Rs. 5.24 per share for the year.

The company continues to report negative reserves, indicating ongoing financial challenges.

This reflects a need for shareholders to monitor operational performance closely.