With softening commodity prices and rising consumption, analysts expect the overall corporate performance to improve in the second half of the fiscal year. The aggregate revenue of a sample of 2,638 listed companies, excluding banking and finance firms, increased by a four-quarter high of 41.5% on-year in April-June. But growth in net profit was at a four-quarter low of 15.1%
Market in a phase of time correction; recovery to be gradual: Sanjay H Parekh
A little unfortunate is that our growth rate in this quarter will be flattish. We are coming out of low growth and this year, full