Mercantile Ventures Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, presenting a mixed performance across its standalone and consolidated operations. The Chennai-based company, which operates in property rental, manpower services, and security services, demonstrated growth in certain segments while facing challenges in others.

Standalone Financial Performance

The company's standalone operations showed improvement in quarterly performance with net profit reaching ₹49.39 lakhs in Q3FY26 compared to ₹35.66 lakhs in the corresponding quarter of the previous year. This represents a significant growth of 38.51% year-on-year. Total income increased to ₹1,128.19 lakhs from ₹956.62 lakhs in Q3FY25.

However, the nine-month performance painted a different picture, with the company reporting a net loss of ₹9.54 lakhs compared to a profit of ₹57.19 lakhs in the corresponding period of FY25.

Consolidated Results Show Stronger Growth

The consolidated financial results demonstrated more robust performance, with net profit surging to ₹285.52 lakhs in Q3FY26 from ₹185.10 lakhs in Q3FY25, marking a substantial increase of 54.28%. Consolidated total income rose to ₹2,574.69 lakhs from ₹1,996.66 lakhs in the previous year's quarter.

Segment-wise Performance Analysis

The company operates across three primary business segments, each contributing differently to overall performance:

Manpower Services: This segment generated revenue of ₹882.84 lakhs in Q3FY26 compared to ₹739.89 lakhs in Q3FY25, showing strong growth of 19.31%. The segment contributed ₹57.17 lakhs in profit before tax and interest.

Rent and Maintenance: The property rental segment recorded revenue of ₹195.31 lakhs versus ₹189.13 lakhs in the previous year, with segment profit of ₹86.67 lakhs.

Security Services: Available only in consolidated results, this segment showed impressive growth with revenue of ₹1,427.75 lakhs compared to ₹902.97 lakhs in Q3FY25, representing a 58.13% increase.

Other Comprehensive Income Impact

A significant factor affecting overall performance was the other comprehensive income, which showed a substantial loss of ₹2,051.52 lakhs in standalone results and ₹3,074.34 lakhs in consolidated results for Q3FY26. This contrasts sharply with the positive other comprehensive income of ₹540.06 lakhs and ₹951.66 lakhs respectively in Q3FY25.

Financial Position and Outlook

The company maintains a paid-up equity share capital of ₹11,191.82 lakhs with a face value of ₹10 per share. Total consolidated assets stood at ₹34,404.45 lakhs as of December 31, 2025, compared to ₹44,133.05 lakhs in the previous year.

The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 6, 2026, and have been subjected to limited review by the statutory auditors.

Mercantile ventures Limited has announced a board meeting scheduled for February 06, 2026, to review and approve its quarterly financial performance. The meeting represents a key corporate governance milestone as the company prepares to disclose its financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has formally notified BSE Limited about the upcoming board meeting in compliance with regulatory requirements. The meeting will focus on considering and approving crucial financial documents for the reporting period.

Regulatory Compliance

The board meeting notification was issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide prior intimation to stock exchanges about board meetings where financial results will be considered.

The formal communication was addressed to BSE Limited's Corporate Relations Department and bears the company's script code 538942. The notification ensures transparency and keeps stakeholders informed about important corporate developments.

Corporate Authorization

The meeting announcement was authorized and signed by E N Rangaswami, serving as Whole-time Director of Mercantile Ventures Limited. His director identification number (DIN) is 06463753, and the document was digitally signed on January 30, 2026, at 15:11:11 +05'30'.

Company Information

Mercantile Ventures Limited operates under Corporate Identification Number (CIN) L65191TN1985PLC037309, indicating its incorporation in Tamil Nadu in 1985. The company maintains its registered office at 88 Mount Road, Guindy, Chennai - 600 032, India.

The upcoming board meeting will provide stakeholders with comprehensive insights into the company's financial performance for the third quarter and nine-month period of fiscal year 2026, covering operations through December 31, 2025.