Mercantile Ventures standalone net profit rises 53.62% in the September 2020 quarter

Sales decline 8.39% to Rs 3.93 crore

Net profit of Mercantile Ventures rose 53.62% to Rs 2.12 crore in the quarter ended September 2020 as against Rs 1.38 crore during the previous quarter ended September 2019. Sales declined 8.39% to Rs 3.93 crore in the quarter ended September 2020 as against Rs 4.29 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales3.934.29 -8 OPM %29.5219.81 -PBDT3.092.05 51 PBT2.851.79 59 NP2.121.38 54

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