- Wealth PMS
In our last post we spoke of how the Nifty companies show very Q2 growth (YoY) of 3.7% on revenues and 5.17% on Net Profit. Q1 on the other hand was excellent with both revenue and earnings growth about 18%.
That was with only 37 Nifty companies announcing results. Now, we have all of them. And the sight isn’t any prettier:
This is using consolidated data where available.
The Sep 2014 quarter looks like the worst, just when markets seem to be making new highs on a regular basis. There’s cheap money doing the rounds, clearly. Apparently, it’s helping stocks, but isn’t exactly helping earnings…