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Mercantile Ventures standalone net profit rises 188.89% in the June 2016 quarter

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Capital Market

Sales rise 4.67% to Rs 1.12 crore

Net profit of Mercantile Ventures rose 188.89% to Rs 2.34 crore in the quarter ended June 2016 as against Rs 0.81 crore during the previous quarter ended June 2015. Sales rose 4.67% to Rs 1.12 crore in the quarter ended June 2016 as against Rs 1.07 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales1.121.07 5 OPM %10.7136.45 -PBDT2.591.10 135 PBT2.511.04 141 NP2.340.81 189

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First Published: Aug 05 2016 | 2:04 PM IST

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