Mercantile Ventures Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 106.165 million compared to INR 119.211 million a year ago. Operating income was INR 19.361 million compared to INR 27.901 million a year ago. Net income was INR 28.268 million compared to INR 21.08 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.13 a year ago. For the nine months, total revenue was INR 318.499 million compared to INR 335.26 million a year ago. Operating income was INR 60.263 million compared to INR 66.299 million a year ago. Net income was INR 83.794 million compared to INR 61.173 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 0.4 a year ago.