MERCANTILEBSEMERCANTILE VENTURES LTD.HighNeutral
Announced Fri, 14 Aug · 11:56 IST

Q1 revenue down 93 percent; standalone loss Rs 3,080 lakh

Qualified OpinionResults RestatedExceptional ItemPat NegativeRevenue DeclineResults View source PDFExplain this filing

MERCANTILE · price

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▲ 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
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₹24.01
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AI summary

Board approved unaudited Q1 FY27 results. Standalone operating income fell 93 percent to Rs 72.93 lakh from Rs 1,020.26 lakh, including a Rs 2,672.71 lakh exceptional charge, and standalone loss after tax was Rs 3,080.22 lakh. Prior periods were restated after the India Radiators merger. The consolidated review was qualified over missing valuation support for a Rs 22 crore preference share investment in a subsidiary.

Likely market impact

The steep revenue fall, standalone loss and valuation uncertainty may weigh on sentiment; restatement also makes comparisons less clear.