Surat Trade and Mercantile Limited is an India-based company engaged in trading in commodities and other commodity-related activities. The Company’s commodity trading involves buying and selling commodities via exchanges and hedging them via derivatives.
Surat Trade and Mercantile Lim Financial Highlights
- Revenue: Surat Trade and Mercantile Lim reported revenue of ₹141.36 crore in FY17 vs ₹118.99 crore in FY16. It showed an increase of 18.80% on a yearly basis.
- Operating Profit: Surat Trade and Mercantile Lim reported an operating profit of ₹14.45 crore in FY17 vs ₹4.60 crore in FY16. It showed an increase of 214.13% on a year-on-year basis.
- Net Profit: Surat Trade and Mercantile Lim reported a net profit of ₹16.62 crore in FY17 vs ₹6.13 crore in FY16. It showed an increase of 171.13% on a yearly basis.
Surat Trade and Mercantile Lim Quarterly Result Highlights
- Surat Trade and Mercantile Lim reported revenue of ₹34.08 crore in Mar 2017, compared with ₹42.44 crore in Dec 2016, representing a decrease of 19.70% on a quarter-on-quarter (QoQ) basis.
- Surat Trade and Mercantile Lim reported an operating profit of ₹4.52 crore in Mar 2017, compared with ₹4.40 crore in Dec 2016, representing an increase of 2.73% on a quarter-on-quarter (QoQ) basis.
- Surat Trade and Mercantile Lim reported a profit of ₹6.70 crore in Mar 2017, compared with ₹4.40 crore in Dec 2016, reflecting an increase of 52.27% on a QoQ basis.
- The earnings per share (EPS) of Surat Trade and Mercantile Lim stood at ₹0.75 during Mar 2017.