India, June 30 -- On Tuesday, Mercia Asset Management PLC (MERC.L) reported a loss in Fiscal 2026, compared to a profit in the previous year, due to a loss on unrealised fair value movements in direct investments, as well as weak revenues. Further, the company announced a 5% increase in the proposed final dividend.
Looking ahead for fiscal 2027, the company anticipates continued growth in third-party funds under management or FuM, highly selective M&A and a measured pace of realisations for the balance sheet direct investments.
On the London Stock Exchange, the shares were trading 4.35 percent lower at 27.50 pence.
Loss before tax for the period was 7.66 million pounds, compared to profit of 5.35 million pounds in the previous year.
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