Mercantile Ventures standalone net profit rises 3128.57% in the March 2015 quarter

Sales rise 115.52% to Rs 1.25 crore

Net profit of Mercantile Ventures rose 3128.57% to Rs 18.08 crore in the quarter ended March 2015 as against Rs 0.56 crore during the previous quarter ended March 2014. Sales rose 115.52% to Rs 1.25 crore in the quarter ended March 2015 as against Rs 0.58 crore during the previous quarter ended March 2014.

For the full year,net profit rose 718.92% to Rs 21.21 crore in the year ended March 2015 as against Rs 2.59 crore during the previous year ended March 2014. Sales rose 301.11% to Rs 3.61 crore in the year ended March 2015 as against Rs 0.90 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales1.250.58 116 3.610.90 301 OPM %3.2044.83 -21.88-36.67 - PBDT2.225.79 -62 6.278.89 -29 PBT2.325.78 -60 5.948.80 -33 NP18.080.56 3129 21.212.59 719

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