Cupid Breweries And Distilleries Ltd — Results, 26-06-2025: Result

Cupid Breweries and Distilleries Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, accompanied by an unmodified auditor’s opinion from M/s H Rajen & Co. The company plans to scale up production capacity to 175 million liters of spirit, 180 million liters of beer, and 7 million liters of craft beer, with a planned capital outlay of Rs. 1800 Cr through contract bottlers nationally and internationally. It has also been shortlisted as a prospective resolution applicant for the CIRP process of SDF Industries Limited. M/s Bhumika & Co. has been appointed as the Secretarial Auditor for five years, subject to shareholder approval. The company reported a net loss of Rs. 44.63 lakh for the quarter, with total assets increasing to Rs. 649.56 lakh from Rs. 110.05 lakh the previous year, driven by higher borrowings. Internal financial controls are being strengthened in line with operational scaling.