Mercantile Ventures Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 150.72 million compared to INR 115.58 million a year ago. Net income was INR 24.47 million compared to INR 35.96 million a year ago. Basic earnings per share from continuing operations was INR 0.22.
For the nine months, revenue was INR 395.93 million compared to INR 325.68 million a year ago. Net income was INR 64.56 million compared to INR 68.67 million a year ago. Basic earnings per share from continuing operations was INR 0.52 compared to INR 0.51 a year ago.