After two quarters of low to mid-teen growth, net profit growth for the December quarter of companies in the Nifty50 index that have yet to disclose profits rose on the back of easing pressure on profitability. According to Ace Equity data, the overall increase in net profit of enterprises was 18.5% year on year (YoY). This is based on earnings reports from 38 firms thus far. The aggregate growth in net profit of Nifty 50 businesses was 15% in....
Tags : India Inc's third-quarter, Tata Consultancy Services, Nifty50,
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