Net profit of Sobhagya Mercantile declined 27.27% to Rs 2.16 crore in the quarter ended December 2023 as against Rs 2.97 crore during the previous quarter ended December 2022. Sales declined 13.23% to Rs 26.56 crore in the quarter ended December 2023 as against Rs 30.61 crore during the previous quarter ended December 2022.