India's corporate sector could be staring at a deceleration in revenue and profit growth in the first quarter (Q1) of 2024-25 (FY25), with brokerages tempering their growth projections compared to the previous financial year.
Estimates for Q1FY25 suggest a further slowdown in revenue growth and flat-to-marginal growth in overall corporate earnings.
According to brokerages, the combined net profit of Nifty 50 companies could have grown by 1.6 per cent year-on-year (Y-0-Y) in the AprilJune 2024 period - the slowest in seven quarters. The index companies' net profit grew by 15.2 per cent Y-o-Y in Q4FY24 and by 38.9 per cent Y-0-Y in Q1FY24.
Similarly, the combined net sales (or net interest income for lenders) of these companies are expected to have risen by just 4.4 per cent Y-o-Y in Q1FY25, the slowest pace in 14 quarters. The index companies' net sales had increased by 8.4 per cent Yo-Y in Q4FY24 and 7.1 per cent in Q1FY24.
هذه القصة مأخوذة من طبعة July 09, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة July 09, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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