MercuryEV posts Rs 1.56 cr profit in its first reported quarter
The consolidated result carried a 9.77% operating margin, while interest and depreciation reduced operating profit before tax.
Filed 13 Aug 2026, 17:51 IST · after market close · MERCURYEV (MERCURYEV)
Key takeaways
- Consolidated operating profit of Rs 3.26 cr on revenue of Rs 33.38 cr left MercuryEV with a 9.77% operating margin.
- Net profit was Rs 1.56 cr after Rs 0.73 cr of interest, Rs 0.94 cr of depreciation and Rs 0.39 cr of tax.
- Other income of Rs 0.36 cr was small relative to profit before tax of Rs 1.95 cr, so reported profit was mainly operating in origin.
Operating profit supports a Rs 1.56 cr net result
MercuryEV reported consolidated revenue of Rs 33.38 cr and operating profit of Rs 3.26 cr in Q1FY27. The 9.77% operating margin shows that the business retained less than one-tenth of revenue as operating profit. That operating profit converted into net profit of Rs 1.56 cr after below-operating-line charges.
Interest and depreciation narrowed profit conversion
Interest of Rs 0.73 cr and depreciation of Rs 0.94 cr reduced profit between the operating-profit and profit-before-tax lines. Profit before tax was Rs 1.95 cr, followed by tax of Rs 0.39 cr at a 20.04% tax rate. Other income was Rs 0.36 cr, making it a supplementary rather than dominant contributor to reported profit.
Results were filed after market close
The consolidated results were filed after market close on 13 Aug 2026. With no market response yet, the stock reaction cannot be assessed against its post-results history.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹33 cr |
| Other income | ₹0 cr |
| Expenses | ₹30 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 9.77% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.00 |
What to watch
- Whether operating margin holds above 9.77% in the next reported quarter.
- Whether interest remains below Rs 0.73 cr as operating profit converts into profit before tax.
- Whether depreciation stays below Rs 0.94 cr and the tax rate remains near 20.04%.