Mercury Laboratories Ltd — Updates, 14-05-2025: Company Update

Mercury Laboratories has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, with auditors giving an unmodified opinion. The Board has proposed a final dividend of 35% (Rs. 3.50 per share), subject to shareholder approval. Mr. Sanjay Patel has been appointed as an Additional Non-Executive Independent Director and Chairman, while Mr. Rajendra Shah has been re-appointed as Managing Director for three years from April 2026, both pending shareholder approval. Mr. Bharat Mehta retired as an Independent Director. New appointments include secretarial auditor M/s Dholakia & Associates LLP (for five years), internal auditor M/s K R & Associates, and cost auditor M/s V. M. Patel & Associates for FY 2025-26. The 44th AGM will be held via video conferencing, where dividend approval and other matters will be addressed. Mercury reported revenue of Rs. 7,510.12 lakhs and net profit of Rs. 314.49 lakhs for FY 2024-25, reflecting stable operational performance with a slight decline from the previous year’s net profit.