Mercantile Ventures standalone net profit rises 50.00% in the September 2019 quarter

Sales rise 220.15% to Rs 4.29 crore

Net profit of Mercantile Ventures rose 50.00% to Rs 1.38 crore in the quarter ended September 2019 as against Rs 0.92 crore during the previous quarter ended September 2018. Sales rose 220.15% to Rs 4.29 crore in the quarter ended September 2019 as against Rs 1.34 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales4.291.34 220 OPM %19.81-9.70 -PBDT2.051.50 37 PBT1.791.23 46 NP1.380.92 50

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