Avon Mercantile Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue from operations of INR 14.693 million compared with INR 13.073 million for the same period a year ago. Profit before exceptional and extraordinary items and tax was INR 0.322 million compared with INR 0.770 million for the same period a year ago. Profit before tax was INR 0.322 million compared with INR 0.770 million for the same period a year ago. Net profit was INR 0.222 million or INR 0.03 per basic and diluted share before and after extraordinary items compared with INR 0.738 million or INR 0.06 per basic and diluted share before and after extraordinary items for the same period a year ago.