The third-quarter (Q3) earnings season has started on a positive note for Corporate India, with the combined net profit of 130 early bird companies up 16.5 per cent on a year-on-year (YoY) basis, growing at the fastest pace in the last seven quarters.
Combined net sales were up 12.6 per cent YoY during the October-December 2017 quarter, growing at the fastest pace in the last three quarters. Earnings growth is polarised with five companies — Reliance Industries (RIL), Infosys, Jaiprakash Associates, HDFC Bank, and ITC — accounting for nearly 85 per cent of ...
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First Published: Mon, January 22 2018. 00:52 IST
