Mercantile Ventures consolidated net profit declines 46.97% in the June 2020 quarter

Capital Market 

Sales rise 2.61% to Rs 9.43 crore

Net profit of Mercantile Ventures declined 46.97% to Rs 1.05 crore in the quarter ended June 2020 as against Rs 1.98 crore during the previous quarter ended June 2019. Sales rose 2.61% to Rs 9.43 crore in the quarter ended June 2020 as against Rs 9.19 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales9.439.19 3 OPM %11.138.27 -PBDT1.512.16 -30 PBT1.251.90 -34 NP1.051.98 -47

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First Published: Thu, August 13 2020. 17:25 IST