Cupid to supply Rs. 23.07 crore female condoms in Brazil
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Cupid to supply Rs. 23.07 crore female condoms in Brazil

Total value of the supplies of FC will be US$ 2.773 million

  • By IPP Bureau | April 12, 2024

Cupid Ltd. has confirmed that it has today signed a lucrative agreement to supply 5.9 million pieces of Female Condoms (FC) in Brazil.

Total value of the supplies of FC will be US$ 2.773 million which is equivalent to Rs. 23.07 crores.

Production of the first tranche of 2.1 million FC pieces will be undertaken soon and the full order should be supplied by Q2FY25.

"We have hit the ground running and this is a good start to FY25 with lots of incremental orders and growth still ahead of us," said Aditya Kumar Halwasiya, MD, Cupid Limited.

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