Mercator has reported results for first quarter ended June 30, 2018.
The company has reported net loss of Rs 27.45 crore for the quarter under review, as compared to net loss of Rs 33.32 crore for the same quarter in the previous year. Total income of the company decreased by 10.52% at Rs 94.58 crore for Q1FY19 as compared Rs 105.70 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss of Rs 46.55 crore for the quarter under review as compared to net loss Rs 28.70 crore for the same quarter in the previous year. Total income of the company decreased by 27.99% at Rs 220.33 crore for Q1FY19 as compared Rs 305.97 crore for the corresponding quarter previous year.