Indian companies have been struggling in earnings over the last few quarters. They want to continue their fast. But, a handful of companies seem to be successful in this. Selected companies have succeeded in regularly registering earnings growth.
In December 2018 quarter, more than 40 companies broke sales and profit records. These companies made more profit and profit in just nine months compared to FY18. These companies proved their dwarf all their challenges.
For example, Bajaj Finance recorded a net profit of Rs 13,167 crore and net profits of Rs 2,819 crore in nine months till the end of December 2018. In the financial year 18, the revenues of the company were Rs 12,748 crore and the profit was 2,496 crore rupees.
Likewise, nine months of companies like National Fertilizers, NCC, Graphite India, HEG, Bajaj Electricals, Gujarat Fluorochemicals, and Sterlite Technologies, in the financial year, have seen a huge financial year ending March 31, 2018.
Dalal Street expects that March quarter is soft for companies. During this time the profits of companies can be frustrating. The profits of companies are expected to be in the number one in this quarter.
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In December 2018 quarter, more than 40 companies broke sales and profit records. These companies made more profit and profit in just nine months compared to FY18. These companies proved their dwarf all their challenges.
For example, Bajaj Finance recorded a net profit of Rs 13,167 crore and net profits of Rs 2,819 crore in nine months till the end of December 2018. In the financial year 18, the revenues of the company were Rs 12,748 crore and the profit was 2,496 crore rupees.
Likewise, nine months of companies like National Fertilizers, NCC, Graphite India, HEG, Bajaj Electricals, Gujarat Fluorochemicals, and Sterlite Technologies, in the financial year, have seen a huge financial year ending March 31, 2018.
Dalal Street expects that March quarter is soft for companies. During this time the profits of companies can be frustrating. The profits of companies are expected to be in the number one in this quarter.
If you are following Facebook for more Intraday Trading Tips and recommendations.
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