Synopsis:
Vivid Mercantile jumped sharply after delivering a staggering 316 % income progress, adopted by a 265 % web revenue progress in Q2 FY26 on a year-on-year foundation.
The shares of this actual property developer with a major presence in Ahmedabad are in focus after it reported a stellar Q2 efficiency. On this article, we’ll dive extra into the main points of its efficiency over the interval.
With a market capitalization of Rs 58.2 crore, the shares of Vivid Mercantile Ltd made a day excessive of Rs 6.25 per share, up by 13 % from its earlier day closing value of Rs 5.51 per share. Over the previous 5 years, the inventory has delivered a optimistic return of 90 %, underperforming the NIFTY 50’s return of 114 %.
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Q2 Highlights
Vivid Mercantile reported a income of Rs 1.37 crore in Q2 FY26, up by 316 % from its Q2 FY25 income of solely Rs 0.33 crore. Nevertheless, on a quarterly foundation, it declined by 19 % from Rs 1.69 crore in Q1 FY26.
Coming to its profitability, the corporate reported a web revenue progress of 265 % to Rs 91.24 lakh as in comparison with Rs 25 lakh. Nevertheless, on a quarterly foundation, it declined by 25 % from Rs 1.21 crore in Q1 FY26.
Vivid Mercantile Restricted was established in 1994 and is situated in Ahmedabad. It’s a diversified agency that derives one-third of its enterprise from the actual property sector, and the opposite two-thirds from buying and selling and printing.
The corporate is within the enterprise of land and residential actual property improvement and gross sales, together with enterprise infrastructure initiatives and shopping for improvement rights for various actual property ventures.
Moreover property, Vivid Mercantile can also be a normal dealer that buys and sells pulses, clothes, and metals, and gives printing providers like multi-colour and single-colour offset printing of brochures, posters, catalogs, and annual experiences. Furthermore, the corporate can also be within the gold, diamond, and jewelry sectors.
Written by Satyajeet Mukherjee
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