Mercator April-June quarter net profit at Rs 17 crore
The company has posted a net loss after taxes, minority interest and share of loss associates of Rs 35.40 crore in the year-ago period, Mercator Ltd said in a BSE filing.
By PTI | Updated:
NEW DELHI: Mercator Ltd today reported a consolidated net profit of Rs 16.61 crore for the quarter ended June 30.
The company has posted a net loss after taxes, minority interest and share of loss associates of Rs 35.40 crore in the year-ago period, Mercator Ltd said in a BSE filing.
Income from operations declined to Rs 584.16 crore from Rs 718.37 crore in the year-ago period.
Total expenses reduced to Rs 500.05 crore as against Rs 707.50 a year ago.
Mercator is present across the energy value chain with shipping and dredging, providing end-to-end solutions to clients, comprising storage, transportation, logistics and port infrastructure.
The company has posted a net loss after taxes, minority interest and share of loss associates of Rs 35.40 crore in the year-ago period, Mercator Ltd said in a BSE filing.
Income from operations declined to Rs 584.16 crore from Rs 718.37 crore in the year-ago period.
Total expenses reduced to Rs 500.05 crore as against Rs 707.50 a year ago.
Mercator is present across the energy value chain with shipping and dredging, providing end-to-end solutions to clients, comprising storage, transportation, logistics and port infrastructure.
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