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

Q3 Corporate Earnings Analysis: Care Ratings


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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