Spiga

Mercator Lines net profit rises 351.74% in the March 2008 quarter

Net profit of Mercator Lines rose 351.74% to Rs 74.04 crore in the quarter ended March 2008 as against Rs 16.39 crore during the previous quarter ended March 2007. Sales rose 30.99% to Rs 265.67 crore in the quarter ended March 2008 as against Rs 202.81 crore during the previous quarter ended March 2007.
For the full year, net profit rose 130.88% to Rs 166.35 crore in the year ended March 2008 as against Rs 72.05 crore during the previous year ended March 2007. Sales declined 0.27% to Rs 781.14 crore in the year ended March 2008 as against Rs 783.26 crore during the previous year ended March 2007

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