Mercantile Ventures Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 159.78 million compared to INR 124.01 million a year ago. Net income was INR 14.06 million compared to INR 23.15 million a year ago. Basic earnings per share from continuing operations was INR 0.11 compared to INR 0.14 a year ago.
For the six months, revenue was INR 307.56 million compared to INR 245.21 million a year ago. Net loss was INR 103.71 million compared to net income of INR 40.09 million a year ago.