Mercantile Ventures Limited (BOM:538942)

Mercantile Ventures Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Other Revenue	821.86	721.85	603.9	471.49	370.38	373
Total Revenue	821.86	721.85	603.9	471.49	370.38	373
Revenue Growth (YoY	24.31%	19.53%	28.08%	27.30%	-0.70%	-2.46%
Property Expenses	319.69	285.93	233.62	144.93	94.22	103.98
Selling, General & Administrative	0.52	0.52	0.4	2.46	1.56	0.74
Depreciation & Amortization	8.88	9.33	9.89	9.82	9.9	10.14
Other Operating Expenses	476.76	406.75	361.47	280.41	240.76	222.82
Total Operating Expenses	805.85	702.53	605.37	437.61	348.32	338.97
Operating Income	16.01	19.32	-1.48	33.88	22.05	34.03
Interest Expense	2.52	-2.04	-13.35	-10.78	-10.8	-9.92
Interest & Investment Income	33.42	33.42	33	51.99	57.92	63.27
Income (Loss) on Equity Investments	-0.49	-0.5	-0.57	98.81	49.11	30.03
Other Non-Operating Income	-90.39	-0.01	-0.04	0.1	94.67	6.18
EBT Excluding Unusual Items	-38.93	50.2	17.57	174	212.95	123.58
Gain (Loss) on Sale of Investments	80.22	80.22	17.04	3.89	0.67	-
Asset Writedown	-	-	-	-0.01	-	-
Other Unusual Items	-0.68	-	-98.55	9.2	-	-
Pretax Income	40.61	130.42	-63.94	187.07	213.61	123.58
Income Tax Expense	-36.8	-31.73	14.27	20.84	49.67	29.71
Earnings From Continuing Operations	77.41	162.16	-78.21	166.23	163.95	93.87
Earnings From Discontinued Operations	-0	0.11	1.95	-	-	-
Net Income to Company	77.41	162.26	-76.26	166.23	163.95	93.87
Minority Interest in Earnings	25.75	-	-3.57	-6.81	-48.96	19.45
Net Income	103.16	162.26	-79.83	159.42	114.98	113.32
Net Income to Common	103.16	162.26	-79.83	159.42	114.98	113.32
Net Income Growth	16.76%	-	-	38.65%	1.47%	-56.06%
Basic Shares Outstanding	102	105	125	112	112	153
Diluted Shares Outstanding	102	105	125	112	112	153
Shares Change (YoY)	-12.91%	-16.07%	11.45%	-	-26.92%	36.83%
EPS (Basic)	1.01	1.55	-0.64	1.42	1.03	0.74
EPS (Diluted)	1.01	1.55	-0.64	1.42	1.03	0.74
EPS Growth	34.07%	-	-	38.65%	38.83%	-67.89%
Operating Margin	1.95%	2.68%	-0.24%	7.18%	5.95%	9.12%
Profit Margin	12.55%	22.48%	-13.22%	33.81%	31.04%	30.38%
EBITDA	24.89	28.65	8.42	43.69	31.95	44.17
EBITDA Margin	3.03%	3.97%	1.39%	9.27%	8.63%	11.84%
D&A For Ebitda	8.88	9.33	9.89	9.82	9.9	10.14
EBIT	16.01	19.32	-1.48	33.88	22.05	34.03
EBIT Margin	1.95%	2.68%	-0.24%	7.18%	5.95%	9.12%
Effective Tax Rate	-	-	-	11.14%	23.25%	24.04%
Revenue as Reported	860.17	850.55	660.9	537.42	533.53	442.45

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.