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Mercantile Ventures consolidated net profit declines 85.00% in the March 2021 quarter

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Capital Market
Last Updated : Jun 25 2021 | 6:05 PM IST

Sales decline 7.36% to Rs 9.32 crore

Net profit of Mercantile Ventures declined 85.00% to Rs 2.95 crore in the quarter ended March 2021 as against Rs 19.67 crore during the previous quarter ended March 2020. Sales declined 7.36% to Rs 9.32 crore in the quarter ended March 2021 as against Rs 10.06 crore during the previous quarter ended March 2020.

For the full year,net profit declined 56.07% to Rs 11.33 crore in the year ended March 2021 as against Rs 25.79 crore during the previous year ended March 2020. Sales declined 2.46% to Rs 37.30 crore in the year ended March 2021 as against Rs 38.24 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9.3210.06 -7 37.3038.24 -2 OPM %8.0510.64 -11.8210.20 - PBDT3.571.96 82 10.379.41 10 PBT3.331.77 88 9.368.40 11 NP2.9519.67 -85 11.3325.79 -56

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First Published: Jun 25 2021 | 5:57 PM IST

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