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Mercantile Ventures - Quaterly Results

14 Aug 2024 Evaluate
The sales surged to Rs. 84.59 millions, up 29.84% for the June 2024 quarter as against Rs. 65.15 millions during the corresponding quarter previous year.The Total Profit for the quarter ended June 2024 of Rs. 2.95 millions grew from Rs.-11.64 millionsOperating Profit reported a sharp decline to 6.67 millions from 18.45 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 84.59 65.15 29.84 84.59 65.15 29.84 298.30 207.68 43.63
Other Income 6.04 10.60 -43.02 6.04 10.60 -43.02 35.01 59.46 -41.12
PBIDT 6.67 18.45 -63.85 6.67 18.45 -63.85 36.49 83.60 -56.35
Interest 0.58 1.13 -48.67 0.58 1.13 -48.67 2.47 3.48 -29.02
PBDT 6.09 17.32 -64.84 6.09 17.32 -64.84 34.02 80.12 -57.54
Depreciation 2.14 2.46 -13.01 2.14 2.46 -13.01 9.57 9.60 -0.31
PBT 3.95 14.86 -73.42 3.95 14.86 -73.42 24.45 70.52 -65.33
TAX 1.00 26.50 -96.23 1.00 26.50 -96.23 14.76 19.34 -23.68
Deferred Tax -1.27 21.55 -105.89 -1.27 21.55 -105.89 -3.82 -2.38 60.50
PAT 2.95 -11.64 -125.34 2.95 -11.64 -125.34 9.69 51.18 -81.07
Equity 1119.18 1119.18 0.00 1119.18 1119.18 0.00 1119.18 1119.18 0.00
PBIDTM(%) 7.89 28.32 -72.16 7.89 28.32 -72.16 12.23 40.25 -69.61
Peers
Company Name CMP
Sagility 44.75
Prime Focus 314.45
Knowledge RealtyTrt. 113.71
Indegene 609.55
Syngene Internatl. 378.20
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