Vivid Mercantile Q2 FY27 Results: Key Dates Ahead

Board meeting set for October 27

Vivid Mercantile Ltd has informed the BSE that its board meeting is scheduled for October 27, 2026. The board will consider and approve standalone unaudited financial results for the quarter ended September 30, 2026. It will also consider standalone unaudited results for the half year ended September 30, 2026. The agenda includes any other business that may be taken up with the chair's permission. The meeting follows the company's June 2026 quarter results, which were approved by the board on August 7, 2026. Investors will await the filing for the latest reported numbers rather than treat the meeting notice itself as a result announcement.

What the upcoming results will cover

The September 2026 quarter is the second quarter of FY27 for Vivid Mercantile. The filing is expected to cover standalone performance for July to September 2026. It will also provide the company's standalone financial figures for the first half of FY27, covering April to September. The notice does not provide estimates, guidance, or a forecast for the September quarter. It only confirms that the board will consider the unaudited results. Any assessment of revenue, profit, margins, or balance-sheet changes for Q2 FY27 must therefore wait for the results approved by the board and filed with the exchange.

June quarter profit declined year on year

For Q1 FY27, ended June 2026, Vivid Mercantile reported revenue of ₹2.08 crore and net profit of ₹0.51 crore. The supplied results summary states that net profit declined 57.85% from the same period a year earlier. On a sequential basis, net profit was down 64.58% from the preceding three-month period. Earnings per share for the June quarter stood at ₹0.05. Net profit margin was reported at 24.36%. These numbers establish the comparison base for the September-quarter announcement.

Revenue fell sharply from March quarter

Revenue in the June 2026 quarter was ₹2.08 crore, compared with ₹13.60 crore in the March 2026 quarter, according to the reported-results table. This represented a quarter-on-quarter decline of 84.7%. Net profit fell from ₹1.44 crore in March 2026 to ₹0.51 crore in June 2026. The same table reported operating margin of 32.26% for June 2026, compared with 16.39% for March 2026. The stated improvement in operating margin was 1,587 basis points. However, the detailed sales and operating-profit table separately shows operating profit of negative ₹2.53 crore and an operating margin of negative 121.63% for June 2026, so investors should rely on the final exchange filing for metric definitions and reconciliation.

Reported financial snapshot

The figures in the table are based on the reported-results summary provided for the company. A separate annual-results table lists FY26 revenue at ₹48.64 crore, while the summary table lists ₹46.91 crore. Such differences can arise from differences in presentation or classification, but the supplied information does not explain the variance. The company's official financial statements and BSE filings remain the relevant source for the reported figures. The October 27 board outcome may offer investors the next set of formally approved standalone numbers.

FY26 performance provides the broader context

Vivid Mercantile's supplied FY26 summary reported revenue of ₹46.91 crore and profit after tax of ₹10.79 crore. The annual-result table also reported net profit of ₹10.79 crore for the year ended March 2026, compared with ₹1.38 crore in March 2025. EBITDA was listed at ₹13.02 crore for FY26, compared with ₹1.60 crore for FY25. The company was described as operating in soybean commodity trading. Its March 2026 information also cited investments of ₹35.03 crore and cash of ₹2.27 crore. These annual figures contrast with the lower revenue reported for the June 2026 quarter.

Recent corporate and governance disclosures

The company approved its audited standalone financial results for the year ended March 31, 2026, on May 28, 2026. It had also scheduled its 32nd annual general meeting for September 26 and approved the FY26 annual report, according to the supplied information. On September 28, members approved P H Shah and Co. as statutory auditor for FY27 through FY31. The appointment was disclosed under Regulation 30 of the Listing Obligations and Disclosure Requirements regulations. The supplied material also notes changes in statutory auditor across FY24 to FY26. These disclosures form part of the corporate context ahead of the September-quarter board meeting.

Why the Q2 filing matters to investors

The Q2 FY27 outcome will show whether the sharp sequential fall in June-quarter revenue continued, moderated, or reversed. It will also provide a half-year view after the June quarter reported ₹2.08 crore of revenue and ₹0.51 crore of net profit. Investors may compare the new numbers with the March 2026 quarter, when revenue was ₹13.60 crore and net profit was ₹1.44 crore. Margin data will also be important because the supplied datasets present differing operating-profit and operating-margin figures for June 2026. The board notice does not provide any outlook or operational commentary. Therefore, the formal results and accompanying exchange disclosures will be central to evaluating the company's latest financial position.

Financial data needs careful comparison

The supplied material contains more than one historical data presentation. For example, the quarterly-results table lists June 2026 revenue at ₹5.28 crore, while another reported-results summary lists revenue at ₹2.08 crore. Similarly, FY26 revenue is shown as ₹48.64 crore in one annual table and ₹46.91 crore in another summary. The information also includes a separate narrative that cites much larger Q2 FY26 figures, which do not match the other quarterly tables provided. These inconsistencies make direct comparisons difficult without checking the underlying BSE filings and audited statements. The upcoming results announcement should be read alongside the company's official attachments and notes to accounts.

What happens next

Vivid Mercantile's board is due to meet on Tuesday, October 27, 2026. The board will consider standalone unaudited results for the September 2026 quarter and the six months ended September 30, 2026. Following the meeting, the company is expected to disclose the board outcome and approved financial results through the exchange process. Until that filing is available, the September-quarter revenue, profit, earnings per share, and margins have not been stated in the meeting notice. The June-quarter results remain the latest clearly identified FY27 quarterly performance figures in the supplied material. The next official announcement will provide the basis for the market's updated comparison of Vivid Mercantile's FY27 performance.