The combined revenue of the companies that have declared their financial results for the December quarter so far rose 4.2% year-on-year, while net profits were almost flat, a Mint analysis showed. Financial services companies had similar revenue growth, but they had superior profit expansion. Excluding them, the combined profits of the sample decreased 1.6%.
The analysis covered 37 BSE-listed companies (including 10 financial services firms) that had declared their results till Thursday and whose data was available in Capitaline’s database.
Watch this space for updates every week as more companies announce their results in the ongoing results season.
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Published: 14 Jan 2024, 11:15 IST