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...
An investigation by the UK's healthcare agency NHS has linked the arrest of a nurse to death of three babies under suspicious circumstances at the hospital where she worked. According to The Telegraph, the nurse used to work at Birmingham Children's Hospital but her identity has not been released. The 28-year-old was arrested on suspicion of administering poison with intent to endanger life. This comes shortly after the conviction of another nurse named Lucy Letby on charges of murdering seven babies.
Though the probe was launched last year, after the baby's death, the nurse remained under investigation this weekend. She has not yet been taken back by the hospital, and the regulator too has suspended her, which means she cannot work as a nurse elsewhere.
All the families of the children involved in the review in Birmingham have been informed, said The Telegraph.
"In May 2022, a child on the paediatric intensive care unit at Birmingham Children's Hospital deteriorated suddenly and unexpectedly. Due to the circumstances of the deterioration, the trust acted straight away," Dr Fiona Reynolds, NHS trust's chief medical officer, said in a statement.
"A member of staff was suspended from work and subsequently arrested at home. Sadly, the child later died and our thoughts remain with the family," she added.
According to Metro, the NHS trust passed the findings to the police.
Meanwhile, Lucy Letby was accused of harming 17 babies, some of them just days old, between June 2015 and June 2016.
In the majority of cases she is believed to have injected them with air but prosecutors also accused her of introducing insulin or too much milk.
from NDTV News- Special https://ift.tt/ot2Q6RB
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