VARUN MERCANTILE Q2 : STANDALONE NET PROFIT DOWN 31.7% AT ₹1.72 L (YOY), DOWN 28.6% (QOQ). WEAK (ON 1ST LOOK)

Revenue from operations nil; total income down 7.8% at ₹8.87 L (YOY), flat (QOQ). Pretax profit down 19.8% at ₹3.96 L (YOY), down 14.8% (QOQ); pretax margin 44.6% v 51.4% (YOY). Total expenses up 4.9% at ₹4.91 L (YOY); EPS ₹0.09 v ₹0.13 (YOY).

Varun Mercantile Ltd

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