Published Oct 13, 2025 4 Min Read

Mercury EV-Tech Q1 FY2025–26 Results Overview

Mercury EV-Tech has published its Q1 FY2025–26 earnings, reflecting a period of strong financial growth and improved operational performance. As an emerging player in the electric vehicle (EV) industry, the company continues to adapt to shifting market dynamics and take advantage of growing opportunities in sustainable mobility. This article reviews Mercury EV-Tech’s quarterly performance, highlighting revenue trends, profit metrics, and financial ratios.

Mercury EV-Tech Q1 FY2025–26 results overview

The company delivered a strong set of results in Q1 FY2025–26, reporting higher revenue and improved profitability. Demand for EVs, coupled with advancements in product offerings, supported growth during the quarter. Mercury EV-Tech also benefitted from streamlined operations and enhanced cost management, helping net profit recover significantly compared with the previous quarter.

Within the broader EV ecosystem, Mercury EV-Tech continues to strengthen its competitive position. Government incentives for clean energy adoption and rising consumer preference for eco-friendly mobility solutions have created a supportive environment for growth. These factors collectively underline the company’s resilience and evolving presence in the EV sector.

(Source: Ministry of Heavy Industries, Government of India – EV adoption and incentive data, 2025)

Mercury EV-Tech Q1 Revenue and Income Trends

Revenue analysis

Mercury EV-Tech reported revenue of Rs. 800 crore in Q1 FY2025–26, up from Rs. 650 crore in the previous quarter and Rs. 500 crore in Q1 FY2024–25. This marks a year-on-year increase of 60% and a quarter-on-quarter rise of 23%, signalling robust demand.

Factors driving revenue growth

  • Rising EV adoption: More consumers are transitioning to electric vehicles, boosting overall sales.
  • Product innovation: The introduction of technologically advanced models enhanced brand appeal.
  • Operational expansion: Strategic entry into new regional markets contributed to growth.

Revenue comparison table

MetricQ1 FY2024–25Q4 FY2024–25Q1 FY2025–26
Revenue (Rs. crore)500650800

This revenue trajectory highlights Mercury EV-Tech’s consistent progress and market adaptability.

Mercury EV-Tech Q1 Net Profit and EPS Performance

The company posted a net profit of Rs. 120 crore in Q1 FY2025–26, compared with Rs. 70 crore in Q4 FY2024–25, an increase of Rs. 50 crore. Earnings Per Share (EPS) improved to Rs. 15, underscoring stronger shareholder returns.

Key drivers of profit growth included:

  • Cost optimisation through better supply chain management.
  • Streamlined production processes that improved efficiency.
  • Focus on operational excellence, ensuring higher margins.

Key Financial Ratios for Mercury EV-Tech Q1

Financial ratios provide insight into profitability and efficiency. The Q1 FY2025–26 results reflect healthy improvements.

MetricQ1 FY2024–25Q1 FY2025–26
Net Margin (%)1012
Operating Profit Margin (%)1518

These gains show Mercury EV-Tech’s ability to grow revenue while maintaining tighter cost control, improving overall financial health.

Mercury EV-Tech Q1 Results Summary Table

Performance MetricValue
Revenue (Rs. crore)800
Net Profit (Rs. crore)120
EPS (Rs.)15
Net Margin (%)12
Operating Profit Margin (%)18

The data reflects steady financial growth, operational efficiency, and strengthened profitability.

Conclusion

Mercury EV-Tech’s Q1 FY2025–26 performance highlights a strong start to the financial year, with growth driven by higher EV adoption, improved profitability, and efficiency in operations. The company’s trajectory aligns with broader industry trends that point towards accelerated EV penetration in India.

However, future performance will depend on evolving market conditions, raw material costs, and policy developments. Stakeholders should evaluate these factors carefully when assessing the company’s longer-term prospects.

(Source: International Energy Agency – Global EV Outlook 2025)

Frequently Asked Questions

What are Mercury EV-Tech’s Q1 FY2025–26 results?

Mercury EV-Tech reported revenue of Rs. 800 crore in Q1 FY2025–26, with a net profit of Rs. 120 crore and an EPS of Rs. 15. Profit margins improved compared to the previous year, supported by operational efficiencies.

How did Mercury EV-Tech perform in its latest quarterly report?

The company demonstrated revenue growth and profit recovery, aided by stronger EV adoption, new product launches, and market expansion strategies. Improved cost control also contributed to the positive results.

How might Mercury EV-Tech’s Q1 results affect its future outlook?

The Q1 results suggest strong growth momentum, but future outcomes will depend on consumer demand, technological advancements, and government policy support. Maintaining innovation and efficiency will be key to sustaining this trajectory.

What does the Q1 earnings report of Mercury EV-Tech reveal about its business trends?

The report highlights consistent revenue growth, healthier margins, and a strong emphasis on operational efficiency. These trends position Mercury EV-Tech as a growing player in India’s expanding EV sector.

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