India Inc Q3 profit growth remains on double-digit path

India Inc Q3 profit growth remains on double-digit path

While the overall outlook for corporate India is promising, short-term volatility cannot be ruled out, given general elections are coming up. Synopsis For the sample of 3,381 companies, revenue grew 8.2% Y-o-Y in the quarter compared with a 17.3% rise in the year-ago period. Net profit rose 25% on a lower base of 2.2% growth … Read more

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

NH Bhansali, CEO-Finance, Strategy & Business Development, Emami, says “margins have really improved compared to the previous year and this has helped us improve on the EBITDA and the PAT by double digit despite a very low single digit growth. We feel this margin would sustain because in the past periods, there had been a … Read more

In which sector is risk-reward looking attractive? Kunal Pawaskar answers

In which sector is risk-reward looking attractive? Kunal Pawaskar answers

“Previous calendar year was a year when many companies bore the brunt of inflation after the Russia-Ukraine conflict started and commodities rose,” says Kunal Pawaskar, Tata Asset Management.At your PMS at Tata AMC, how are you observing the earnings quality so far because our observation was that largely earnings are actually pretty good. In fact, … Read more