Currently, the government spending cycle, notwithstanding this year’s blip (which we think is a blip, and we will discuss the reasons later), looks to be on the path of continued increase. Secondly, PSUs today are more operationally efficient than they have ever been in the last 25 years of India’s history. Both of these factors give me conviction about PSU earnings and asset growth.
Q4 results today: Swiggy, Dr Reddy’s among 68 companies to announce earnings on Friday
The earnings season is gaining speed. Swiggy anticipates steady revenue growth, driven by quick commerce and food delivery. However, profitability may face pressure. Losses could
May 9, 2025