The combined net profit of “early bird” companies, those that have declared their quarterly results, rose for the third consecutive quarter in July-September 2023 (Q2FY24). But the figures suggest a continued slowdown in revenue growth and stagnation in earnings over recent quarters.
This slowdown is severe for companies in the manufacturing and non-financial service sectors. Banks and other financial companies managed to grow their gross interest income by double digits in the September quarter, but this growth was lower than in
First Published: Oct 22 2023 | 11:17 PM IST
Early birds' Q2 profit soars, revenue growth slowest in 11 quarters - Business Standard
Read More
No comments:
Post a Comment