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Mercantile Ventures standalone net profit declines 64.62% in the September 2018 quarter

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Capital Market

Sales rise 9.84% to Rs 1.34 crore

Net profit of Mercantile Ventures declined 64.62% to Rs 0.92 crore in the quarter ended September 2018 as against Rs 2.60 crore during the previous quarter ended September 2017. Sales rose 9.84% to Rs 1.34 crore in the quarter ended September 2018 as against Rs 1.22 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales1.341.22 10 OPM %-9.7047.54 -PBDT1.503.46 -57 PBT1.233.19 -61 NP0.922.60 -65

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First Published: Oct 25 2018 | 4:16 PM IST

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