Q1 a surprise: What lies ahead for India Inc

For most result watchers, the first quarter numbers were a pleasant surprise. “Due to pent up demand, most consumer goods companies witnessed high sales in June and therefore, the revenue fall was much lower than expected,” says S. Krishnakumar, CIO – Equities, Sundaram Mutual Fund. The impact of the pent up demand could be seen in some other sectors as well and this helped pull up the aggregate numbers. The aggregate revenue of 886 companies