Mercantile Ventures Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 119.211 million compared to INR 97.454 million a year ago. Net income was INR 21.080 million compared to INR 17.080 million a year ago. Basic earnings per share was INR 0.22 compared to INR 0.08 a year ago. For the nine months, total revenue was INR 335.260 million compared to INR 287.102 million a year ago. Net income was INR 61.173 million compared to INR 49.413 million a year ago. Basic earnings per share was INR 0.48 compared to INR 0.27 a year ago.