Avon Mercantile Limited reported audited earnings results for the fourth quarter and year ended March 31, 2021. For the quarter, the company reported total income from operations of INR 13.92 million compared to INR 11.9 million a year ago. Net loss after tax was INR 19.0 million or INR 2.54 per basic share compared to INR 1.9 million or INR 0.25 per basic share a year ago. For the year, the company reported total income from operations of INR 61.68 million compared to INR 54.13 million a year ago. Net loss after tax was INR 8.64 million or INR 1.16 per basic share compared to INR 18.74 million or INR 2.51 per basic share a year ago.