Wednesday Nov 19, 2025
Wednesday Nov 19, 2025
Wednesday, 19 November 2025 00:26 - - {{hitsCtrl.values.hits}}
Mercantile Investments and Finance PLC (MI) yesterday announced that its asset base reached a milestone Rs. 100 billion as of 31 October.
The company attributed the performance to the expansion of its branch network.
Total assets as of 31 March was Rs. 71 billion, denoting a Rs. 29 billion growth over a seven-month period.
The company reported a Profit After Tax (PAT) of Rs. 504 million in the September quarter, up 34.5% from a year ago. With a basic EPS of Rs. 167.68.
With total assets at Rs. 97.3 billion as of end September 2025, the company reported a net asset per share of Rs. 5,141.
