Mefcom Capital Markets delivered impressive financial performance in the quarter ended June 2026, with consolidated net profit surging 34.73% to ₹6.75 crore compared to ₹5.01 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this significant profit growth demonstrates the company's operational efficiency and market positioning during the quarter. The company's Board of Directors approved these unaudited financial results for the quarter ended June 30, 2026 during their meeting held on Thursday, August 13, 2026.
The company's sales revenue increased 2.08% to ₹49.99 crore in Q1 FY2026, up from ₹48.97 crore in the same quarter of the previous financial year. As reported by Business Standard, this modest revenue growth indicates the company's ability to maintain steady business momentum while focusing on profitability enhancement.
Operating profit margin (OPM) improved to 14.90% in the June 2026 quarter, compared to 10.80% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this 410 basis points improvement in OPM reflects enhanced operational efficiency and cost management initiatives implemented by the company.
In a significant strategic move, Mefcom Capital Markets Limited's Board approved the sale of its entire shareholding in Mefcom Securities Limited to Promoter and Managing Director Mr. Vijay Mehta at ₹8.58 per equity share. The transaction, based on a valuation report dated August 13, 2026 prepared by M/s Satya Prakash Garg & Co., follows necessary regulatory approvals including BSE clearance dated March 23, 2026, NSE approval dated April 23, 2026, and shareholder consent secured during the Annual General Meeting held on August 8, 2026. The company will transfer 29,99,800 equity shares of Mefcom Securities Limited to Mr. Vijay Mehta at this stipulated price. As per the auditor's report on consolidated financial results, this decision follows shareholders' decision at the recent AGM on August 8, 2026 to sell or dissolve the entire stake in the subsidiary, which will eliminate the need for consolidated financials in subsequent quarters.
The subsidiary's financial contribution for the quarter ended June 30, 2026, included total revenues of ₹424.23 lakhs and a net profit of ₹118.74 lakhs. According to the auditor's report, this subsidiary's performance will no longer be included in the company's consolidated financials going forward, as the entire stake is being sold or dissolved. This strategic move represents a significant restructuring that will simplify the company's financial reporting structure.
During the same Board meeting on Thursday, August 13, 2026, the company's Board also reviewed and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. As reported by Business Standard, copies of these results, along with the Limited Review Report, have been furnished separately to regulatory authorities. The auditor's report on consolidated financial results highlights that the subsidiary sale decision was made following the recent AGM approval, resulting in the company having no subsidiary going forward.
PBDT (Profit Before Depreciation and Tax) rose 42% to ₹7.25 crore in Q1 FY2026, while PBT (Profit Before Tax) increased 42% to ₹7.23 crore compared to the same quarter last year. As reported by Business Standard, these substantial increases in pre-tax profits indicate strong operational performance across the company's business segments.
