Net profit of Mercury EV-Tech declined 23.33% to Rs 0.23 crore in the quarter ended March 2024 as against Rs 0.30 crore during the previous quarter ended March 2023. Sales declined 20.31% to Rs 5.57 crore in the quarter ended March 2024 as against Rs 6.99 crore during the previous quarter ended March 2023.For the full year,net profit rose 43.17% to Rs 1.99 crore in the year ended March 2024 as against Rs 1.39 crore during the previous year ended March 2023. Sales rose 36.77% to Rs 22.02 crore in the year ended March 2024 as against Rs 16.10 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales5.576.99 -20 22.0216.10 37 OPM %6.821.86 -13.2610.19 - PBDT0.430.17 153 3.211.67 92 PBT0.350.12 192 2.891.61 80 NP0.230.30 -23 1.991.39 43 Powered by Capital Market - Live News

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News

The Board of Directors of Mercury EV-Tech at its held on 08 May 2024 approved the acquisition of 65% stake in Traclaxx Tractors, equivalent to 5,23,900 equity shares of Rs. 10 each at a price of Rs. 10 each, total consideration being Rs.52,39,000. Henceforth, Traclaxx Tractors will be considered as subsidiary company of Mercury EV-Tech.Powered by Capital Market - Live News

Net profit of Mercury EV-Tech declined 48.04% to Rs 0.53 crore in the quarter ended December 2023 as against Rs 1.02 crore during the previous quarter ended December 2022. Sales rose 6.51% to Rs 4.58 crore in the quarter ended December 2023 as against Rs 4.30 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales4.584.30 7 OPM %21.1832.33 - PBDT0.851.39 -39 PBT0.731.38 -47 NP0.531.02 -48 Powered by Capital Market - Live News

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News