The combined revenue of the companies that have declared their September-quarter financial results so far has risen 15% year-on-year, while net profits have risen 20.2%, a Mint analysis showed. However, the trend was heavily led by banking and financial services firms.
Excluding them, the topline grew 5% and profits were up just 9.6%. The analysis covered 168 BSE-listed companies (including 23 banking and financial services firms) that had declared their results by Thursday and whose data was available on Capitaline’s database.
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