Mercantile Ventures

Mercantile Ventures Limited is an Indian public company whose main business is investment in properties for leasing and Manpower supply services. The company's governance philosophy is based on fairness, integrity, accountability, and transparency in its dealings with stakeholders and regulatory authorities. It believes management must be empowered to drive the organization forward, acting in the best interest of all stakeholders. During the year, the company completed a major investment by acquiring 38.41% of the share capital in India Radiators Limited. The company expects to improve upon its current year operating profits in the ensuing years by focusing on its core activities. In the last fiscal year, its standalone revenue from operations showed significant growth, increasing to ₹2,983.03 lakhs from ₹2076.84 lakhs.;