
Mercator Lines H1 FY11 net zooms by 2 times
Mercator Lines largest private sector shipping company posted total consolidated income of INR 12.71 billion in H1 FY11 against INR 8.54 billion in H1 FY10 thus recording an increase of 48 % on YoY basis.
The net profit was INR 1.13 billion in the H1 FY11 against INR 430 million in the same period of previous year, thus achieving an impressive growth of 2.67 times.
(Sourced from IRIS.com)










