- Wealth PMS
Financial results for the quarter ending June 2016 are in and we have tabulated them for you in this report.
The report includes all companies with a market cap of more than 1000 cr., and we have divided them into sectors.
Till Aug 31 2016, 507 such companies have announced results with a combined turnover of Rs. 13.12 trillion (lakh cr.), with a Total Revenue increase by 8.03%. Total Profit went down by 4.01%.
We have discounted the effects of outliers (<-400% or >400%) while calculating the average growth rates.
54 companies more than doubled net profit.
Capital Mind will update this report regularly and provide a note at Capital Mind Premium when updated. Please feel free to contact us for any corrections or changes. This has been a regular feature at Capital Mind from Q1 FY 2015 onward.
The financial results of 45 Nifty companies are out so far. Total Net Profits of the companies added up, went down by 4.23%.
In the table, we have a list of all Nifty companies with results. We’ve used consolidated results where we can, and have adjusted past EPS for bonuses or splits. If we have something wrong, please let us know. (All figures are in Rs. Cr. except Earnings Per Share).
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.
Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.