Integrated Filing — IndAS



General information about company

Scrip Code 531357
NSE Symbol MERCURYEV
MSEI Symbol NOTLISTED
ISIN INE763M01028
Name of company MERCURY EV-TECH LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Manufacturing of ev vehicle
Start date and time of board meeting 13-08-2026   15:00:00
End date and time of board meeting 13-08-2026   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,338.41 3,338.41
Other income 35.62 35.62
Total income 3,374.03 3,374.03
2 Expenses
(a) Cost of materials consumed 1,590.75 1,590.75
(b) Purchases of stock-in-trade 898.84 898.84
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 33.90 33.90
(d) Employee benefit expense 266.36 266.36
(e) Finance costs 72.52 72.52
(f) Depreciation, depletion and amortisation expense 94.23 94.23
(f) Other Expenses
1 Other Expenses 222.54 222.54
Total other expenses 222.54 222.54
Total expenses 3,179.14 3,179.14
3 Total profit before exceptional items and tax 194.89 194.89
4 Exceptional items 0.00 0.00
5 Total profit before tax 194.89 194.89
6 Tax expense
7 Current tax 39.06 39.06
8 Deferred tax 0.00 0.00
9 Total tax expenses 39.06 39.06
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 155.83 155.83
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 155.83 155.83
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 155.83 155.83
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 164.71 164.71
Total profit or loss, attributable to non-controlling interests (8.88) (8.88)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,899.73 1,899.73
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0 0
Diluted earnings (loss) per share from continuing operations 0 0
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0 0
Diluted earnings (loss) per share from continuing and discontinued operations 0 0
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Consolidated Financial Results - Q1 FY 2026-2027 1. The above results which are published have been reviewed and approved by the Board of Directors of the Company at their meeting held on 13th August 2026. The financial results of the Company have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules Issued thereunder and the other accounting principles generally accepted In India.) The unaudited financial results for the quarter ended 30th June, 2026 have been subjected to limited review by the Statutory Auditors. 2. The above consolidated financial results have been reviewed and recommended by Audit Committee and have been approved and taken on record by Board of Directors at its meeting on 13th August 2026. 3. The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the auditors of Company. 4. Figures for the previous periods have been regrouped and/or rearranged and/or reclassified wherever necessary to make them comparable with those of current periods. 5. During the quarter ended 30 June 2026, the Company, pursuant to the Board Resolution No. 3 dated 12.05.2026, approved the forfeiture of 4,53,00,000 Convertible Warrants issued on a preferential basis at Rs.75 per warrant. As per the terms of issue and Regulation 169 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the warrant holders had paid 25% of the warrant issue price upfront. Since the balance 75% of the consideration was not received and the warrants were not exercised within the stipulated period of 18 months from the date of allotment, the warrants stood forfeited. Consequently, the amount received on such warrants aggregating to Rs.85.07 Crore has been transferred to Capital Reserve. The said transaction has no impact on the Company's profitability for the quarter ended 30th June 2026. 6. Basic EPS and Diluted has been Calculated with Total No. of Equity Shares held as on 30.06.2026 i.e. 18,99,73,058.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income