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February 09, 2016 10:07 PM ET

Diversified Financial Services

Company Overview of Sobhagya Mercantile Ltd.

Company Overview

Sobhagya Mercantile Limited engages in financial activities in India. It provides finance on short term basis. The company was incorporated in 1983 and is based in Mumbai, India.

61, Mittal Tower

6th Floor

‘B’ Wing

210, Nariman Point

Mumbai,  400021

India

Founded in 1983

Phone:

91 22 6630 1060

Fax:

91 22 6630 1058

Key Executives for Sobhagya Mercantile Ltd.

Independent Non-Executive Chairman, Compliance Officer, Chairman of Audit Committee and Member of Shareholders/Investors Committee
Compensation as of Fiscal Year 2015.

Sobhagya Mercantile Ltd. Key Developments

Sobhagya Mercantile Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

Sobhagya Mercantile Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, loss from operation before other income, interest and exceptional item was INR 0.038 million against INR 0.043 million a year ago. Loss from ordinary activities before tax was INR 0.036 million against INR 0.042 million a year ago. Net loss for the period was INR 0.036 million or INR 0.15 per basic and diluted share before and after extraordinary items against INR 0.042 million or INR 0.18 per basic and diluted share before and after extraordinary items a year ago. For the nine months, loss from operation before other income, interest and exceptional item was INR 0.318 million against INR 0.204 million a year ago. Loss from ordinary activities before tax was INR 0.315 million against INR 0.192 million a year ago. Net loss for the period was INR 0.315 million or INR 1.31 per basic and diluted share before and after extraordinary items against INR 0.192 million or INR 0.80 per basic and diluted share before and after extraordinary items a year ago.

Sobhagya Mercantile Ltd. expected to report Q3 2016 results on February 9, 2016. This event was calculated by Capital IQ (Created on February 3, 2016).

Sobhagya Mercantile Ltd. expected to report Q3 2016 results on February 9, 2016. This event was calculated by Capital IQ (Created on February 3, 2016).

Sobhagya Mercantile Ltd., Board Meeting, Jan 29, 2016

Sobhagya Mercantile Ltd., Board Meeting, Jan 29, 2016. Agenda: To consider the quarterly results.

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