Financial Information    audited results   unaudited results   annual report    quarterly results   Financial Information Mercator has been profitable since inception; it has paid dividends consistently since its IPO in 1993. The improvement in the performance of the company has been reflected by the company's market capitalisation and dividend outgo. The Company has seen a growth of 39% in income from operations at Rs. 1588.98 crore during 2007-08 from Rs. 1142.69 crore in the previous year (FY 06-07). Its dividend payout increased from Rs22.14 crores in 2006-07 to Rs. 30.23 crores in 2007-08 (inclusive of Corporate Tax on Dividend). Mercator has Compounded Annual Growth Rate (CAGR) of 49% in revenues; 60% in EBIDTA; 55% in Net Profits and 41% in tonnage capacity since 2003-04. Recent Updates Mercator Lines performs well during the Q3 ended on 31st December 2007. Mercator Lines reports higher Income for Y.E. March 2007 Recommends 100% Dividend Satisfactory Performance by Mercator Lines for the Q3 and 9 months period ended 31st December 2006 Mercator Lines performs well for 2Q ended September 2006. Mercator Lines performs well for 1Q ended June 2006. MLL in the News  Mercator announces 1st quarter results of 2008-09  Mercator Singapore announces its 1st quarter results of 2008-09  Mercator Singapore acquires two vessels  Notice convening 24th Annual General meeting of the Company  Acquisition of Dredger  Acquisition of VLCC  Mercator on an Expansion Mode  Mercator Reports Close to 3-Fold Jump in Net Profit to Rs. 370 Crore, Supported By Growing Fleet, Buoyant Shipping Demand And Firm Freight Rates in Dry Carriers Segment  Mercator Singapore Reports Three-Fold Jump In FY2008 Net Profit To US$52.2 Million, Supported By Growing Fleet And Buoyant Dry Bulk Shipping Demand  Mercator Lines (Singapore) Acquires Second Geared Panamax Vessel Since Listing  Mercator Lines (Singapore) Expands Charter-In Fleet  Mercator Singapore makes first acquisition since listing  Mercator Singapore secures long term charter contract  Mercator Lines performs well during the Q3 ended on 31st December 2007.  IPO by Singapore Subsidiary  Mercator Lines net rises for Q1 ended June 2007  Mercator Lines reports higher income for Y.E. March 2007 recommends 100% dividend  Mercator handles largest dry bulk vessel ever to enter the Mumbai Port  Mr. H. K. Mittal honoured with "Entrepreneur of the Year Award 2005-06", by The Economic Times.  MR. H. K. Mittal bags Entrepreneur Of The Year Award from Ernst & Young.  Mercator Lines bags Business Standard's Award for Star Company     Corporate Overview Our Fleet Business Segments Financial Info   MLL Singapore Investors Zone Safety and Quality Media Corner   Home Glossary Careers Contact Us Disclaimer Copyright Information