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Mercantile Ventures standalone net profit rises 38.03% in the December 2021 quarter

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Capital Market

Sales decline 6.65% to Rs 3.51 crore

Net profit of Mercantile Ventures rose 38.03% to Rs 1.96 crore in the quarter ended December 2021 as against Rs 1.42 crore during the previous quarter ended December 2020. Sales declined 6.65% to Rs 3.51 crore in the quarter ended December 2021 as against Rs 3.76 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales3.513.76 -7 OPM %18.5218.09 -PBDT2.872.08 38 PBT2.631.84 43 NP1.961.42 38

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First Published: Feb 11 2022 | 11:47 AM IST

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