Mercury EV-Tech Ltd Share Price – BSE

Automobile, Small Cap

Mercury Ev-Tech has inaugurated a new showroom located at: Shop No. 5, Near Sagar Complex, Jashonath Circle, Bhavnagar, Gujarat.

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Net profit of Mercury EV-Tech rose 573.91% to Rs 1.55 crore in the quarter ended March 2025 as against Rs 0.23 crore during the previous quarter ended March 2024. Sales rose 450.81% to Rs 30.68 crore in the quarter ended March 2025 as against Rs 5.57 crore during the previous quarter ended March 2024.

For the full year,net profit rose 297.49% to Rs 7.91 crore in the year ended March 2025 as against Rs 1.99 crore during the previous year ended March 2024. Sales rose 307.08% to Rs 89.64 crore in the year ended March 2025 as against Rs 22.02 crore during the previous year ended March 2024.

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Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 22 May 2025.

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Net profit of Mercury EV-Tech rose 573.91% to Rs 1.55 crore in the quarter ended March 2025 as against Rs 0.23 crore during the previous quarter ended March 2024. Sales rose 450.81% to Rs 30.68 crore in the quarter ended March 2025 as against Rs 5.57 crore during the previous quarter ended March 2024.

For the full year,net profit rose 297.49% to Rs 7.91 crore in the year ended March 2025 as against Rs 1.99 crore during the previous year ended March 2024. Sales rose 307.08% to Rs 89.64 crore in the year ended March 2025 as against Rs 22.02 crore during the previous year ended March 2024.

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Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 22 May 2025.

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The said facility hosts a next-generation battery architecture hub, housing the infrastructure to develop and produce an extensive range of chemistries including LFP (lithium iron phosphate), NMC (nickel manganese cobalt), sodium-ion cells and supercapacitor modules.

This multi-chemistry facility would enable the company to cater to an increasingly diverse set of high-utility applications?from electric mobility to stationary energy storage.

In alignment with global automation standards, Mercury EV-Tech has placed an order for a fully robotic, high-throughput production line from one of China?s top-tier equipment providers. A technical team from India is set to inspect the facility in China on 15 April 2025, ahead of machinery shipment.

The equipment is scheduled to reach the Vadodara campus by end-April, with pilot production set to begin mid-May 2025.

Darshal Shah from Mercury EV-Tech said: ?This upcoming facility is poised to be one of the most advanced lithium-ion battery lines in the country, equipped with cutting-edge automation and a rare integrated laboratory designed to meet stringent global safety and performance standards.

India?s policy landscape has taken a decisive turn with over 30 GW of Battery Energy Storage Systems (BESS), including standalone BESS, auctioned across multiple routes in the past six months. The recent regulatory mandate for a minimum of two hours of BESS integration with all government renewable projects presents a substantial opportunity, driving strong demand for advanced energy storage solutions.

Mercury EV-Tech, through PowerMetz, is positioned to emerge as a key implementing partner and a preferred supplier in this transformative shift.

We have plans to initiate work on an additional 3.2 GW battery plant in South India, with the Vadodara facility?s performance and order pipeline providing the foundation for this expansion.

Preliminary land evaluations have been conducted across four to five locations, and the final site will be selected in line with operational momentum and order book strength over the coming quarters.?

Mercury EV Tech, an electric vehicle solutions provider, delivers end-to-end capabilities across the EV manufacturing spectrum.

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Mercury Ev-Tech has inaugurated a new showroom located at: Shop No. 5, Near Sagar Complex, Jashonath Circle, Bhavnagar, Gujarat.

Powered by Capital Market - Live News

Net profit of Mercury EV-Tech rose 573.91% to Rs 1.55 crore in the quarter ended March 2025 as against Rs 0.23 crore during the previous quarter ended March 2024. Sales rose 450.81% to Rs 30.68 crore in the quarter ended March 2025 as against Rs 5.57 crore during the previous quarter ended March 2024.

For the full year,net profit rose 297.49% to Rs 7.91 crore in the year ended March 2025 as against Rs 1.99 crore during the previous year ended March 2024. Sales rose 307.08% to Rs 89.64 crore in the year ended March 2025 as against Rs 22.02 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 22 May 2025.

Powered by Capital Market - Live News

Net profit of Mercury EV-Tech rose 573.91% to Rs 1.55 crore in the quarter ended March 2025 as against Rs 0.23 crore during the previous quarter ended March 2024. Sales rose 450.81% to Rs 30.68 crore in the quarter ended March 2025 as against Rs 5.57 crore during the previous quarter ended March 2024.

For the full year,net profit rose 297.49% to Rs 7.91 crore in the year ended March 2025 as against Rs 1.99 crore during the previous year ended March 2024. Sales rose 307.08% to Rs 89.64 crore in the year ended March 2025 as against Rs 22.02 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Mercury EV-Tech will hold a meeting of the Board of Directors of the Company on 22 May 2025.

Powered by Capital Market - Live News

The said facility hosts a next-generation battery architecture hub, housing the infrastructure to develop and produce an extensive range of chemistries including LFP (lithium iron phosphate), NMC (nickel manganese cobalt), sodium-ion cells and supercapacitor modules.

This multi-chemistry facility would enable the company to cater to an increasingly diverse set of high-utility applications?from electric mobility to stationary energy storage.

In alignment with global automation standards, Mercury EV-Tech has placed an order for a fully robotic, high-throughput production line from one of China?s top-tier equipment providers. A technical team from India is set to inspect the facility in China on 15 April 2025, ahead of machinery shipment.

The equipment is scheduled to reach the Vadodara campus by end-April, with pilot production set to begin mid-May 2025.

Darshal Shah from Mercury EV-Tech said: ?This upcoming facility is poised to be one of the most advanced lithium-ion battery lines in the country, equipped with cutting-edge automation and a rare integrated laboratory designed to meet stringent global safety and performance standards.

India?s policy landscape has taken a decisive turn with over 30 GW of Battery Energy Storage Systems (BESS), including standalone BESS, auctioned across multiple routes in the past six months. The recent regulatory mandate for a minimum of two hours of BESS integration with all government renewable projects presents a substantial opportunity, driving strong demand for advanced energy storage solutions.

Mercury EV-Tech, through PowerMetz, is positioned to emerge as a key implementing partner and a preferred supplier in this transformative shift.

We have plans to initiate work on an additional 3.2 GW battery plant in South India, with the Vadodara facility?s performance and order pipeline providing the foundation for this expansion.

Preliminary land evaluations have been conducted across four to five locations, and the final site will be selected in line with operational momentum and order book strength over the coming quarters.?

Mercury EV Tech, an electric vehicle solutions provider, delivers end-to-end capabilities across the EV manufacturing spectrum.

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