Q3 Corporate Earnings Analysis: Care Ratings
An investor uses a calculator. (Photographer: Maurice Tsai/Bloomberg News)

Q3 Corporate Earnings Analysis: Care Ratings

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Ratings Research Report

After a sharp deterioration in the corporate performance (especially in the top line of corporates) in the first two quarters of FY21, expectations were riding high on a notable improvement in corporate earnings in the third-quarter of the fiscal on the back of festive season led demand recovery.

Corporate performance in Q3 FY21 has been robust as reflected by a marginal uptick in net sales and strong growth in net profits, indicative of a bright spot in the recovery prospects for the Indian economy.

Click on the attachment to read the full report:

Care Ratings Corporate_Performance Q3FY21.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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