Stock Report

Mercantile Ventures Ltd posts consolidated PAT of Rs. 2.27 crores in Q3FY23

Posted On : 2023-02-15 22:45:46( TIMEZONE : IST )

Mercantile Ventures Ltd has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 15.0721 crores during the period ended December 31, 2022 as compared to Rs. 12.4010 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.2768 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.3631 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.22 for the period ended December 31, 2022 as compared to Rs. 0.14 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹15.0721 crs	₹12.4010 crs	21.54%
Net Profit	₹2.2768 crs	₹1.3631 crs	67.03%
EPS	₹0.22	₹0.14	57.14%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.15.0721 crores during the period ended December 31, 2022 as compared to Rs.11.5575 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.2768 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.8518 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.22 for the period ended December 31, 2022 as compared to Rs.0.20 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹15.0721 crs	₹11.5575 crs	30.41%
Net Profit	₹2.2768 crs	₹1.8518 crs	22.95%
EPS	₹0.22	₹0.20	10.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.39.5929 crores during the 9 Months period ended December 31, 2022 as compared to Rs.32.5682 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.2607 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4.1450 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.52 for the 9 Months period ended December 31, 2022 as compared to Rs.0.51 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹39.5929 crs	₹32.5682 crs	21.57%
Net Profit	₹5.2607 crs	₹4.1450 crs	26.92%
EPS	₹0.52	₹0.51	1.96%

Shares of Mercantile Ventures Ltd was last trading in BSE at Rs. 18.25 as compared to the previous close of Rs. 17.50. The total number of shares traded during the day was 5642 in over 117 trades.

The stock hit an intraday high of Rs. 18.70 and intraday low of 17.85. The net turnover during the day was Rs. 102503.00.