Unaudited financial results of the Company for the Quarter and Half year ended September 30, 2025
MERCANTILE · price
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Mercantile Ventures' board met on 27 October 2025 and approved unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025. On a standalone basis, Q2 FY26 total income rose to Rs. 1,122.80 lakhs from Rs. 903.83 lakhs a year ago, but the company reported a net loss of Rs. 18.96 lakhs versus a loss of Rs. 9.22 lakhs in Q2 FY25. For H1 FY26, standalone net loss widened sharply to Rs. 471.02 lakhs from a profit of Rs. 18.77 lakhs in H1 FY25. On a consolidated basis, Q2 FY26 net profit stood at Rs. 140.64 lakhs, while H1 FY26 showed a consolidated net loss of Rs. 738.81 lakhs, partly impacted by associate losses. The board also appointed Mr. N Umasankar (DIN: 07975664) as Additional Director designated as Whole-time Director (Finance) & CFO for a two-year term effective 27 October 2025.
The sharp swing to a standalone and consolidated loss in H1 FY26 is a negative signal for shareholders and may weigh on the stock, while the new CFO appointment brings a finance veteran and could help stabilise operations going forward.