Vivid Mercantile Limited , a trading company based in Ahmedabad, has released its financial results for the quarter ended June 30, revealing a complex financial picture marked by significant revenue decline but substantial profit growth.

Revenue Plummets, Profit Surges

The company reported a steep 82.20% year-over-year decline in revenue from operations, which fell to ₹169.24 crore from ₹947.90 crore in the same quarter of the previous year. Despite this considerable drop in top-line performance, Vivid Mercantile managed to achieve a remarkable 200.70% increase in net profit, which rose to ₹121.35 crore from ₹40.35 crore year-over-year.

Expense Management Drives Profitability

The dramatic improvement in profitability can be attributed to the company's effective cost management strategies. Total expenses saw a substantial reduction of 96.80%, decreasing to ₹29.89 crore from ₹924.09 crore in the corresponding quarter of the previous year. This significant cost reduction played a crucial role in boosting the company's bottom line.

Key Financial Highlights

Operational Changes

The company's financial statement reveals some interesting shifts in its operational dynamics:

1. Purchase of Stock-in-Trade: Decreased by 72.10% to ₹62.47 crore from ₹223.57 crore.
2. Employee Benefit Expenses: Increased to ₹7.19 crore from ₹3.26 crore.
3. Other Expenses: Rose to ₹22.70 crore from ₹7.52 crore.

Earnings Per Share

The basic and diluted earnings per share for the quarter stood at ₹0.12, reflecting the improved profitability despite the revenue decline.

Company Overview

Vivid Mercantile Limited operates in a single business segment focused on trading activities. The company's paid-up equity share capital remains unchanged at ₹1002.56 crore.

Conclusion

Vivid Mercantile's latest quarterly results present a nuanced financial picture. While the substantial decline in revenue may raise concerns, the company's ability to dramatically increase profitability through effective cost management demonstrates resilience in challenging market conditions. Stakeholders will be keen to understand the sustainability of this cost structure and the company's strategies for reviving top-line growth in future quarters.

Vivid Mercantile Limited has announced a change in its scheduled Board of Directors meeting, pushing it back to August 11, 2025. This meeting will primarily focus on the review and approval of the company's unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025.

Key Points

• Rescheduled Meeting: The Board of Directors meeting, originally set for July 29, 2025, has been rescheduled to August 11, 2025.
• Agenda: The primary focus will be on considering and approving the unaudited financial results for Q1 FY2026 (quarter ending June 30, 2025).
• Trading Window: The company's trading window for securities has been closed since July 1, 2025, and will remain so until 48 hours after the announcement of the quarterly financial results.

Additional Details

According to the LODR (Listing Obligations and Disclosure Requirements) filing dated August 5, 2025, the company provided the following information:

• The rescheduled meeting will take place on Monday, August 11, 2025.
• The Board may also discuss any other matters with the permission of the chair.
• The previous intimation dated July 29, 2025, has been rescinded.

Company Information

Vivid Mercantile Limited, with CIN L74110GJ1994PLC021483, has its registered office in Ahmedabad, Gujarat.

Investors and stakeholders should note that the trading window closure, which began on July 1, 2025, will extend until 48 hours after the announcement of the Q1 FY2026 results. This closure is in line with regulatory requirements to prevent insider trading during sensitive periods.

The rescheduling of the board meeting highlights the company's commitment to corporate governance and timely disclosure of financial information to its stakeholders. Market participants will be keenly watching for the Q1 FY2026 results when they are released following the August 11 board meeting.