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Q3 Nifty Earnings Point To Recovery For India Inc.
Here’s how India Inc. has fared so far this earnings season.
02 Feb 2021, 09:25 AM IST
Most Nifty 50 companies either met or beat estimates halfway through the third-quarter earnings season—aided by economic recovery following the Covid-19 pandemic disruption.As many as 28 companies of the Nifty 50 constituents have announced their results for the quarter ended December. Of them, 20 beat estimates for net profit.The aggregate profit of 28 companies grew 23.7% year-on-year and 11.9% sequentially, according to BloombergQ...
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