The combined revenue of the companies that have declared their December-quarter financial results so far has risen 4.2% year-on-year, while net profits were nearly flat, a Mint analysis showed. Financial services firms had a similar revenue growth, but they had a superior profit expansion.
Excluding them, the combined profits of the sample declined 1.6%. The analysis covered 37 BSE-listed companies (including 10 financial services firms) that had declared their results by Thursday and whose data was available on Capitaline’s database.
Read more on livemint.com