Vivid Mercantile FY26 net profit rises 683% to ₹1,078.80 lakh
Vivid Mercantile Limited reported a 683% increase in net profit to ₹1,078.80 lakh for FY26, driven by a surge in revenue to ₹4,691.06 lakh. The board approved the audited results on May 28, 2026.

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Vivid Mercantile Limited reported a net profit of ₹1,078.80 lakh for the financial year ended March 31, 2026, a significant rise from ₹137.70 lakh in the previous year. Revenue from operations surged to ₹4,691.06 lakh compared to ₹1,370.99 lakh in FY25, reflecting robust growth in its commodities trading business. The company’s total assets increased to ₹7,113.49 lakh as of March 31, 2026, up from ₹5,919.70 lakh in the prior year.
The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026 at a meeting held on May 28, 2026. M/s. Shah Karia & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the standalone financial statements. The trading window remained closed until 48 hours after the declaration of the results in compliance with insider trading regulations.
Financial Performance
The company’s profitability improved significantly across key metrics. Profit before tax for FY26 stood at ₹1,301.38 lakh, compared to ₹159.44 lakh in the previous year. Total expenses for the year were ₹3,562.58 lakh, up from ₹1,515.82 lakh in FY25. Basic earnings per share (EPS) for the year increased to ₹1.08 from ₹0.14 in the prior year.
For the quarter ended March 31, 2026, the company reported a net profit of ₹144.35 lakh. Revenue from operations for the quarter was ₹1,359.68 lakh. The board approved an EPS of ₹1.00 per equity share for the year.
Key Financial Figures (FY26)
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 4,691.06 | 1,370.99 |
| Total Expenses | 3,562.58 | 1,515.82 |
| Profit before tax | 1,301.38 | 159.44 |
| Net profit | 1,078.80 | 137.70 |
| Basic EPS | 1.08 | 0.14 |
Operational and Balance Sheet Details
Vivid Mercantile’s balance sheet showed a healthy cash position with cash and cash equivalents rising to ₹227.09 lakh as of March 31, 2026, from ₹10.65 lakh a year earlier. Investments increased to ₹3,502.50 lakh from ₹2,339.84 lakh in the previous year. Inventories decreased to ₹478.25 lakh from ₹1,938.91 lakh.
The company noted a reclassification of fair value changes on investments during the quarter ended March 31, 2026. These adjustments, previously recognised as Other Administrative Expenses, were reclassified directly against investments with the impact transferred to the Other Comprehensive Income (OCI) Reserve. This reclassification does not affect total equity or net profit for the year but renders full-year administrative expenses incomparable with the nine-month period ended December 31, 2025.
Historical Stock Returns for Vivid Mercantile
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.81% | -3.09% | -9.91% | +38.20% | -7.74% | +351.63% |
What strategic initiatives will Vivid Mercantile pursue to sustain the current growth trajectory in the commodities trading business?
How does the company plan to utilize the increased cash reserves and investments to expand its market presence?
Will the surge in profitability lead to any changes in dividend policy or shareholder returns in the upcoming fiscal year?


































