Vivid Mercantile Q1 Results Live : Vivid Mercantile announced their Q1 results on 17 Jul, 2024, showcasing a remarkable increase in revenue by 85.48% compared to the same quarter last year.
However, the company experienced a slight dip in profit by 1.34% Year-over-Year. When compared to the previous quarter, the revenue surged by a significant 271.75%, while the profit saw a notable decrease of 95.82%.
The Selling, general & administrative expenses showed a significant decline by 74.13% quarter-over-quarter but witnessed a substantial increase by 181.03% year-over-year.
Similarly, the operating income took a hit, declining by 84.88% sequentially, yet it surged by 185.93% annually.
The Earnings Per Share (EPS) for Q1 stood at ₹0.4, marking a decrease of 2.44% year-over-year.
In terms of market performance, Vivid Mercantile delivered returns of 2.42% in the last week, 9.48% in the last 6 months, and 22.59% year-to-date.
As of now, Vivid Mercantile holds a market capitalization of ₹63.66 Cr with a 52-week high/low of ₹90 and ₹32.5 respectively.
Vivid Mercantile Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 9.48 | 2.55 | +271.75% | 5.11 | +85.48% |
| Selling/ General/ Admin Expenses Total | 0.03 | 0.13 | -74.13% | 0.01 | +181.03% |
| Total Operating Expense | 9.24 | 0.97 | +847.78% | 5.39 | +71.52% |
| Operating Income | 0.24 | 1.57 | -84.88% | -0.28 | +185.93% |
| Net Income Before Taxes | 0.5 | 10.98 | -95.41% | 0.46 | +9.69% |
| Net Income | 0.4 | 9.66 | -95.82% | 0.41 | -1.34% |
| Diluted Normalized EPS | 0.4 | 9.64 | -95.85% | 0.41 | -2.44% |