Q4 likely to be modest for India Inc
Financial Express Mumbai|April 10, 2023
Nifty earnings estimated to rise 9% year-on-year
Q4 likely to be modest for India Inc

CORPORATE PROFITS FOR the March quarter are expected to be modest with the year-on-year growth in high single digits. Earnings for the Nifty 50 set of companies are estimated to increase by 9% y-o-y and 8% quarter-on-quarter, according to an estimate by Kotak Institutional Equities (KIE).

With prices of raw materials softening, a range of user companies are expected to post better operating margins than they did in the December 2022 quarter.

Net profits for a sample of 3,311 companies, banks, and financials had risen by just about 5% year-on-year in the December 2022 quarter even though revenues increased by a good 17.5%y-o-y since operating margins contracted 150 bpsy-o-y.

この記事は Financial Express Mumbai の April 10, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の April 10, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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