{"id":347376,"date":"2026-11-14T23:57:05","date_gmt":"2026-11-14T18:27:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/"},"modified":"2026-11-14T23:57:05","modified_gmt":"2026-11-14T18:27:05","slug":"adarsh-mercantile-q2-results-fy27-pat-6-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/","title":{"rendered":"Adarsh Mercantile Q2 Results FY27: Profit Moves Against Revenue, Revenue Rs 34.78 Cr, PAT Rs 5.86 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Adarsh Mercantile Q2 Results FY27 were declared on 13 November 2026. The consolidated results show revenue of Rs 34.78 Cr, up 1.9% YoY, and net profit of Rs 5.86 Cr, down 7.72% YoY. These quarterly results show modest YoY growth in revenue, while Operating Profit was Rs 10.43 Cr against Rs 9.62 Cr a year earlier.<\/p>\n<\/div>\n<p><a href=\"https:\/\/univest.in\/stocks\/smtel\/adarsh-mercantile-ltd-share-price-today\">Adarsh Mercantile Ltd<\/a> (SMTEL) Q2 Results FY27 announced on 13 November 2026, covering the company&#8217;s financial performance for the July to September quarter. The consolidated results report revenue of Rs 34.78 Cr and a PAT of Rs 5.86 Cr, which investors can now compare with the same quarter last year. Adarsh Mercantile Q2 Results FY27 also give Univest readers a clear results date to anchor that comparison.<\/p>\n<p>This results analysis of Adarsh Mercantile Q2 Results covers the financial highlights, business drivers, outlook and risks. Revenue, Operating Profit and net profit are each compared with the same quarter a year earlier, starting with the table of reported figures below.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Adarsh_Mercantile_Q2_Results_FY27_Financial_Highlights\" title=\"Adarsh Mercantile Q2 Results FY27: Financial Highlights\">Adarsh Mercantile Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Key_Takeaways_from_Adarsh_Mercantile_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Adarsh Mercantile Q2 Results: What Stands Out\">Key Takeaways from Adarsh Mercantile Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Adarsh_Mercantile_Q2_Results_FY27_Performance_Analysis\" title=\"Adarsh Mercantile Q2 Results FY27: Performance Analysis\">Adarsh Mercantile Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#FY27_Outlook_After_Adarsh_Mercantile_Q2_Results\" title=\"FY27 Outlook After Adarsh Mercantile Q2 Results\">FY27 Outlook After Adarsh Mercantile Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Key_Risks_to_Watch_After_Adarsh_Mercantile_Q2_Results_FY27\" title=\"Key Risks to Watch After Adarsh Mercantile Q2 Results FY27\">Key Risks to Watch After Adarsh Mercantile Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Fall_in_Net_Profit\" title=\"Fall in Net Profit\">Fall in Net Profit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Narrower_Net_Margin\" title=\"Narrower Net Margin\">Narrower Net Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#High_Debt_Level\" title=\"High Debt Level\">High Debt Level<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Frequently_Asked_Questions_on_Adarsh_Mercantile_Q2_Results_FY27\" title=\"Frequently Asked Questions on Adarsh Mercantile Q2 Results FY27\">Frequently Asked Questions on Adarsh Mercantile Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_are_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What are Adarsh Mercantile Q2 Results FY27?\">What are Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_is_the_results_date_for_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What is the results date for Adarsh Mercantile Q2 Results FY27?\">What is the results date for Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_revenue_was_reported_in_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What revenue was reported in Adarsh Mercantile Q2 Results FY27?\">What revenue was reported in Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_net_profit_was_reported_in_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What net profit was reported in Adarsh Mercantile Q2 Results FY27?\">What net profit was reported in Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#How_much_YoY_growth_did_revenue_show_in_Adarsh_Mercantile_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Adarsh Mercantile Q2 Results FY27?\">How much YoY growth did revenue show in Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Did_net_profit_rise_or_fall_in_Adarsh_Mercantile_Q2_Results\" title=\"Did net profit rise or fall in Adarsh Mercantile Q2 Results?\">Did net profit rise or fall in Adarsh Mercantile Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_was_the_Operating_Profit_in_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What was the Operating Profit in Adarsh Mercantile Q2 Results FY27?\">What was the Operating Profit in Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Are_Adarsh_Mercantile_Q2_Results_consolidated_results_or_standalone_results\" title=\"Are Adarsh Mercantile Q2 Results consolidated results or standalone results?\">Are Adarsh Mercantile Q2 Results consolidated results or standalone results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_business_factors_shaped_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What business factors shaped Adarsh Mercantile Q2 Results FY27?\">What business factors shaped Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_are_the_key_risks_after_Adarsh_Mercantile_Q2_Results_FY27\" title=\"What are the key risks after Adarsh Mercantile Q2 Results FY27?\">What are the key risks after Adarsh Mercantile Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#What_is_the_outlook_after_Adarsh_Mercantile_Q2_Results\" title=\"What is the outlook after Adarsh Mercantile Q2 Results?\">What is the outlook after Adarsh Mercantile Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/adarsh-mercantile-q2-results-fy27-pat-6-crore\/#Where_can_I_find_the_complete_Adarsh_Mercantile_Q2_Results_FY27_data\" title=\"Where can I find the complete Adarsh Mercantile Q2 Results FY27 data?\">Where can I find the complete Adarsh Mercantile Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Adarsh_Mercantile_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Adarsh Mercantile Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 34.78 Cr<\/td>\n<td>Rs 34.13 Cr<\/td>\n<td>+1.9% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Operating Profit<\/strong><\/td>\n<td>Rs 10.43 Cr<\/td>\n<td>Rs 9.62 Cr<\/td>\n<td>+8.42% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 5.86 Cr<\/td>\n<td>Rs 6.35 Cr<\/td>\n<td>-7.72% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Adarsh Mercantile Q2 Results FY27, 13 November 2026. Figures in Rs Crore, Consolidated basis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Adarsh_Mercantile_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Adarsh Mercantile Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Consolidated revenue Rs 34.78 Cr:<\/strong> revenue rose 1.9% YoY from Rs 34.13 Cr in the same quarter of the previous year.<\/li>\n<li><strong>Net profit Rs 5.86 Cr:<\/strong> net profit moved down 7.72% YoY from Rs 6.35 Cr, which shows YoY growth in revenue did not carry to the bottom line.<\/li>\n<li><strong>Operating Profit Rs 10.43 Cr:<\/strong> this line rose 8.42% YoY from Rs 9.62 Cr, so it moved opposite to net profit.<\/li>\n<li><strong>Net profit margin 16.8%:<\/strong> the margin narrowed from 18.6% in the comparison quarter, a point covered under risks.<\/li>\n<li><strong>Next step:<\/strong> the Adarsh Mercantile Q2 Results FY27 performance analysis below compares these lines in more detail.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Adarsh_Mercantile_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Adarsh Mercantile Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Adarsh Mercantile Q2 Results show consolidated revenue of Rs 34.78 Cr and net profit of Rs 5.86 Cr for the July to September 2026 quarter, reported on the 13 November 2026 results date. Revenue grew 1.9% YoY while net profit fell 7.72% YoY, and Operating Profit rose to Rs 10.43 Cr.<\/p>\n<p>In Adarsh Mercantile Q2 Results FY27, the revenue base moved from Rs 34.13 Cr to Rs 34.78 Cr, and net profit moved from Rs 6.35 Cr to Rs 5.86 Cr. The Operating Profit line went up from Rs 9.62 Cr to Rs 10.43 Cr, so revenue and Operating Profit carry one YoY direction and net profit carries the other.<\/p>\n<p>Later quarterly results will show whether the YoY growth seen in revenue continues and whether net profit recovers its level. The figures confirm what changed but do not establish a specific cause, which is where the results analysis turns to the business factors.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue Growth<\/strong> &#8211; The results analysis in Adarsh Mercantile Q2 Results FY27 starts with revenue, which grew 1.9% YoY to Rs 34.78 Cr in the latest quarter, the first disclosed factor behind these quarterly results.<\/p>\n<p><strong>Return on Equity<\/strong> &#8211; Return on equity was 25.17% in FY26, which means the company earned a strong return on shareholder funds in that year, a fact that sits alongside the latest quarter&#8217;s figures.<\/p>\n<p><strong>Return on Capital Employed<\/strong> &#8211; Return on capital employed was 25.49% in FY26, so returns on the capital employed in the business were also high in the last full year reported.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Adarsh_Mercantile_Q2_Results\"><\/span><strong>FY27 Outlook After Adarsh Mercantile Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Full-year FY27 results for Adarsh Mercantile will depend on the quarters still to be reported and on disclosed sector conditions. This results analysis therefore treats the July to September quarter as one data point, with revenue of Rs 34.78 Cr and net profit of Rs 5.86 Cr, rather than a forecast.<\/p>\n<p>Adarsh Mercantile Q2 Results FY27 give investors a base for comparing the next quarter, because quarterly net profit has moved in a range of Rs 2.32 Cr to Rs 12.06 Cr over the last 5 quarters. Watching whether net profit of Rs 5.86 Cr holds in later quarters is the natural next check, and that is where the key risks begin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Adarsh Mercantile Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Fall_in_Net_Profit\"><\/span><strong>Fall in Net Profit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit fell 7.7% year on year to Rs 5.86 Cr, which means YoY growth in revenue of 1.9% did not reach the bottom line in this quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Narrower_Net_Margin\"><\/span><strong>Narrower Net Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit margin narrowed to 16.8% from 18.6% in the comparison quarter. Adarsh Mercantile Q2 Results FY27 show higher revenue, but this margin comparison shows a smaller share of revenue reaching net profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"High_Debt_Level\"><\/span><strong>High Debt Level<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt was high at 0.67 times total assets in FY26. Investors can track this ratio alongside quarterly results to judge how the balance sheet sits next to returns on equity and capital employed.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adarsh Mercantile Q2 Results FY27 record consolidated revenue of Rs 34.78 Cr and net profit of Rs 5.86 Cr. Operating Profit stood at Rs 10.43 Cr, so the quarterly results declared on the 13 November 2026 results date show higher revenue and Operating Profit alongside lower net profit. Readers can follow Adarsh Mercantile Q2 Results updates on the Univest app and the Univest Screener, using the consolidated results as the reference. Investors should consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Adarsh Mercantile Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What are Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile Q2 Results FY27 are the consolidated results for July to September 2026, showing revenue of Rs 34.78 Cr and net profit of Rs 5.86 Cr, as laid out in the Financial Highlights section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What is the results date for Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The results date for Adarsh Mercantile Q2 Results FY27 is 13 November 2026, which means the quarterly results were declared after the July to September period closed, as the opening section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile reported revenue of Rs 34.78 Cr in Q2 FY27, compared with Rs 34.13 Cr a year earlier, so the Financial Highlights table shows the full comparison.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile reported net profit of Rs 5.86 Cr in Q2 FY27 against Rs 6.35 Cr a year earlier, which means net profit fell 7.72% YoY, as the performance analysis shows.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue showed YoY growth of 1.9% for Adarsh Mercantile in Q2 FY27, while net profit declined 7.72% YoY, so both movements are compared in the key takeaways section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Adarsh_Mercantile_Q2_Results\"><\/span><strong>Did net profit rise or fall in Adarsh Mercantile Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile Q2 Results show net profit falling from Rs 6.35 Cr to Rs 5.86 Cr, a decrease of 7.72% YoY, which the performance analysis covers in more detail.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Operating_Profit_in_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What was the Operating Profit in Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Operating Profit in Q2 FY27 was Rs 10.43 Cr against Rs 9.62 Cr a year earlier, a rise of 8.42% YoY, so this line moved up while net profit moved down.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Adarsh_Mercantile_Q2_Results_consolidated_results_or_standalone_results\"><\/span><strong>Are Adarsh Mercantile Q2 Results consolidated results or standalone results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile Q2 Results are reported on a consolidated basis, so the figures reflect the group level consolidated results, as the Quick Answer box states.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What business factors shaped Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue growth of 1.9% YoY, return on equity of 25.17% and return on capital employed of 25.49% in FY26 are the disclosed factors, as the Key Business Factors section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Adarsh_Mercantile_Q2_Results_FY27\"><\/span><strong>What are the key risks after Adarsh Mercantile Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The disclosed risks are the 7.7% fall in net profit, a margin of 16.8% against 18.6%, and debt at 0.67 times total assets in FY26, so the risks section covers each.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Adarsh_Mercantile_Q2_Results\"><\/span><strong>What is the outlook after Adarsh Mercantile Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adarsh Mercantile Q2 Results are one quarter in the FY27 year, so the full-year outlook depends on later quarters, as the Outlook section explains in this results analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Adarsh_Mercantile_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Adarsh Mercantile Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete figures are in the Financial Highlights table above, while the Univest Screener lets investors follow Adarsh Mercantile Q2 Results FY27 and later quarterly results from one place.<\/p>\n<p><script type=\"application\/ld+json\" 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Mercantile Q2 Results FY27 and later quarterly results from one place.\"}}]}<\/script><br \/>\n<script type=\"application\/ld+json\" class=\"news-article-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Adarsh Mercantile Q2 Results FY27: Profit Moves Against Revenue, Revenue Rs 34.78 Cr, PAT Rs 5.86 Cr\",\"description\":\"Adarsh Mercantile Q2 Results: Consolidated revenue \u20b934.78 Cr, PAT \u20b95.86 Cr. 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