Earnings for companies in India's broader NSE Nifty rose at their best pace in six quarters during July-September, according to Thomson Reuters Eikon data, showcasing how profits are finally looking up after a prolonged spell of sluggish growth. Net profits for companies in the index rose by an average of 11.9 per cent in the September quarter, the biggest gain since a 31 per cent expansion in January-March 2016, data available for 25 companies in the index showed. That was a median 5.2 per cent above consensus forecasts, the biggest beat since the March 2016 ...
Top NSE listed firms log best profit growth in six quarters
Indian companies' total profits are expected to grow 25% in the next fiscal year, which would be the highest in Asia
Reuters Last Updated at November 29, 2017 19:41 IST