Mercantile Ventures Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported revenue was INR 121.2 million compared to INR 99.76 million a year ago. Net income was INR 16.95 million compared to net loss of INR 6.59 million a year ago.

Basic earnings per share from continuing operations was INR 0.16. Diluted earnings per share from continuing operations was INR 0.16.