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( As on 01/06/2026 10:30)

Mercury Ev-Tech Q4 net profit down 50.00% at Rs 0.56 cr

The company reported standalone net profit of Rs 0.56 crore for the quarter ended March 31, 2026 as compared to Rs 1.12 crore in the same period last year, registering a year-on-year decline of 50.00 per cent.

Net revenue of the company declined substantially by 32.23 per cent at Rs 13.67 crore in January-March quarter of this fiscal as against Rs 20.17 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 21.89 per cent to Rs 15.31 crore from Rs 19.60 crore in year ago period.

Other Income grew by 315.63 per cent at Rs 3.99 crore versus (Mar'25 Rs 0.96 crore).

Operating Profit slipped by 389.47 per cent to Rs -1.65 crore as against Rs 0.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 528.83 per cent in March quarter.

Interest grew by 4.35 per cent y-o-y to Rs 0.24 crore, while Taxation increased by 675.00 per cent at Rs 0.62 crore (Mar'25 Rs 0.08 crore).