Vivid Mercantile Q1 Results Live : profit falls by 1.34% YOY

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.