Mercantile Ventures Ltd — Results, 04-08-2025: Result

Mercantile Ventures' board has approved the financial results for the quarter ended June 30, 2025. The company reported a standalone net profit of Rs 0.28 Cr, while consolidated results showed a net loss of Rs 0.87 Cr. The board also appointed M/s. KRA & Associates as Secretarial Auditors for a five-year term, subject to shareholder approval, and Ms. Ramya Ganapathy as Internal Auditor for FY2025-26. The 24th Annual General Meeting is scheduled for September 25, 2025, via video conferencing. Auditors noted concerns about a Rs 22 Cr investment in Walery Security Management, a subsidiary, due to valuation issues and unpaid preference share dividends, impacting the consolidated figures.