Nifty 50 cos likely to see 30% jump in Q2 net profit

Mumbai: India’s 50 large and frequently traded companies are likely to show double-digit year-on-year growth in net profit for the September 2020 quarter even though the revenue growth may turn out to be modest. The profit growth will be largely due to the focus of companies on margin management through cost optimisation and the low base a year ago due to losses by a few companies.According to t