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Q2 Nifty Earnings Review: A Quarter Of Rebound Marked By Commodity Squeeze
The revenue and earnings growth of India Inc witnessed robust sequential growth in the second quarter of FY22.
17 Nov 2021, 08:13 AM IST
The revenue and profit of Nifty 50 companies rose in the quarter ended September as the Indian economy grew, aided by easing Covid-19 restrictions, domestic demand, lower interest rates, ample liquidity from the banking sector and rising exports.The aggregate net profit of index constituents rose 23.3% sequentially, the fastest pace since the quarter ended September 2020, according to Bloomberg data.The aggregate operating profit of ...
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