Mercantile Ventures Limited announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced total revenue was INR 101.469 million compared to INR 106.512 million a year ago. Operating income was INR 12.530 million compared to INR 18.984 million a year ago. Net income was INR 10.480 million compared to INR 19.776 million a year ago. Basic earnings per share was INR 0.12 compared to INR 0.12 a year ago.