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Mercantile Ventures consolidated net profit rises 34.12% in the December 2020 quarter

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Capital Market

Sales decline 3.73% to Rs 9.29 crore

Net profit of Mercantile Ventures rose 34.12% to Rs 2.83 crore in the quarter ended December 2020 as against Rs 2.11 crore during the previous quarter ended December 2019. Sales declined 3.73% to Rs 9.29 crore in the quarter ended December 2020 as against Rs 9.65 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales9.299.65 -4 OPM %11.6310.16 -PBDT2.163.01 -28 PBT1.902.73 -30 NP2.832.11 34

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First Published: Feb 10 2021 | 1:01 PM IST

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