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Mercantile Ventures standalone net profit declines 70.53% in the September 2015 quarter

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Capital Market

Sales rise 25.00% to Rs 1.05 crore

Net profit of Mercantile Ventures declined 70.53% to Rs 0.28 crore in the quarter ended September 2015 as against Rs 0.95 crore during the previous quarter ended September 2014. Sales rose 25.00% to Rs 1.05 crore in the quarter ended September 2015 as against Rs 0.84 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales1.050.84 25 OPM %27.627.14 -PBDT0.921.34 -31 PBT0.821.16 -29 NP0.280.95 -71

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First Published: Nov 05 2015 | 12:50 PM IST

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