Legacy Mercantile announced its financial results for the half year and year ended on March 31, 2020 showing a fall in HY2 profit margin despite rise in revenue.

Company : Mac Hotels Ltd

Standalone total revenue for HY2 of FY2019-20 at Legacy Mercantile stood at Rs.77.17 lacs as compared to Rs.47.99 lacs in a year ago period.

Standalone net loss for the HY2 of FY2019-20 reached Rs.0.62 lacs while previous year corresponding period it was PAT of Rs.2.06 lacs.

Following are the financials of the recently concluded FY2019-20 at Legacy Mercantile:

• Revenue was Rs.1.05 crore whereas preceding year it was Rs.74.32 lacs.

• PBT stands at Rs.1.14 lacs as compared to profit of Rs.3.04 lacs a year ago.

• PAT reached Rs.0.84 lacs as compared to Rs.2.25 lacs a year ago.

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