Surat Trade & Mercantile Reports Q2 FY2026 Results: Profit Declines Amid Steady Income

Surat Trade & Mercantile Limited (STML), formerly known as Surat Textile Mills Limited, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2026. The company, which operates in commodity trading and related activities, reported a significant change in its quarterly profit while maintaining a steady income stream.

Key Financial Highlights

All figures in lakhs

Quarterly Performance Analysis

STML experienced a substantial decrease in its quarterly profit, reporting ₹26.95 lakh for Q2 FY2026 compared to ₹404.74 lakh in the previous quarter. This represents a significant decline of approximately 93.3% quarter-over-quarter. Despite this drop in profit, the company maintained a total income of ₹2,084.30 lakh for the quarter, with expenses totaling ₹2,057.35 lakh.

Half-Yearly Results

For the first half of FY2026, STML reported a profit of ₹890.59 lakh, showing a slight decrease from ₹965.01 lakh in the corresponding period of the previous fiscal year. This indicates a year-on-year decline of about 7.7% in half-yearly profits.

Corporate Governance and Compliance

The Board of Directors of Surat Trade & Mercantile Limited approved these financial results at their meeting held on November 13, 2025. In compliance with regulatory requirements, the company has announced that the trading window for its securities will remain closed for 48 hours following this announcement, ensuring fair trading practices.

Company Overview

Surat Trade & Mercantile Limited operates as a single business segment focused on commodity trading and related activities. The company continues to adapt to market conditions while maintaining its core business operations.

As STML navigates through the fiscal year 2026, stakeholders will be keen to observe how the company addresses the challenges reflected in its Q2 results and strategies it may employ to improve profitability in the coming quarters.