While the overall outlook for corporate India is promising, short-term volatility cannot be ruled out, given general elections are coming up.
Synopsis
For the sample of 3,381 companies, revenue grew 8.2% Y-o-Y in the quarter compared with a 17.3% rise in the year-ago period. Net profit rose 25% on a lower base of 2.2% growth a year ago. It was the third straight quarter of double-digit growth in profit.
ET Intelligence Group: Corporate India clocked double-digit growth in aggregate net profit for the third quarter helped by stable input costs and lower interest outgo in case of manufacturing companies while revenue growth remained below 10% for the third straight quarter.For the sample of 3,381 companies, revenue grew 8.2% Y-o-Y in the quarter compared with a 17.3% rise in the year-ago period. Net profit rose 25% on a lower base of 2.2% growth
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community 
Exclusive invites to Virtual Events with Industry Leaders 
A trusted team of Journalists & Analysts who can best filter signal from noise 
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-