A sample of 3,087 companies reported 68.7% year-on-year growth in net profit for the October-December 2020 period, the strongest in nine quarters. This was largely on account of better cost control by companies as revenue grew by a modest 1.8%.
Related Posts
Credit demand is bouncing back, & how!
Consumer lending company Bajaj Finance said the company acquired 2.2 million new customers in the third quarter though…
January 6, 2021
Nifty at 15,800? Quite likely by December, says Jefferies
The brokerage said the Nifty is currently trading at 22.3 times expected earnings, which is more than 1…
January 5, 2021
As vaccine supply firms up, so do companies in the chain
Voltas and Blue Star have rallied 66 per cent each in the last six months while logistics companies…
January 15, 2021
Shake-up at RCA: Mark Pitts in as President, John Fleckenstein promoted to COO
Joe Riccitelli leaves Sony label as part of new leadership changes under Peter Edge Invest in Best Mining…
January 15, 2021