In Q1FY25, Bank and Auto stocks outperformed, while Infrastructure, Pharmaceuticals, and Metals lagged, resulting in modest 3% earnings growth. Revenue growth stayed at 9%. Real estate, pharmaceutical, and IT sectors highlighted notable revenue and profitability growth. Banks' NIMs remained stable, and auto sales surged, especially in two-wheelers and commercial vehicles.
from Economic Times https://ift.tt/k30V614
from Economic Times https://ift.tt/k30V614
India Inc: Key takeaways from Q1 results season
Reviewed by News Today
on
August 17, 2024
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