Announced Fri, 14 Aug · 11:59 IST
Mercantile Ventures Q1 FY27 results, WTD reappointed, India Radiators merger cleared
MERCANTILE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹24.90
prior close
₹23.77
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.3+6.9+6.9-3.6+1.8-2.1-1.6-3.4-0.0+3.9-7.6——
Up moveDown movePending
AI summary
Board approved Q1 FY27 (Jun 2026) unaudited standalone and consolidated results. Standalone swung to a net loss of Rs 72.85 lakhs from a Rs 71.66 lakh profit a year ago. Consolidated net profit fell to Rs 120.53 lakhs from Rs 172.33 lakhs. E N Rangaswami reappointed as Whole-time Director for 3 years from Dec 2026. NCLT has approved the merger of India Radiators into the company. The 25th AGM is set for Sep 24, 2026 via video conferencing.
Likely market impact
Standalone loss turn and profit decline may weigh on sentiment, while merger completion and director continuity provide stability.