16 companies where operating profit has risen for four consecutive quarters

From an accounting perspective, operating profit serves as an indicator of the business's potential profitability with all extraneous factors removed from calculation

The fourth quarter results season for financial year 2018 – 19 (Q4FY19) has been a mixed bag. While on one hand companies such as Hindustan Unilever (HUL) Hindustan Unilever, the country’s largest consumer goods company, reported its lowest volume growth in six quarters during the recently concluded quarter on the back of moderation in rural demand, Tata Consultancy Services (TCS) reported better-than-expected 2.4 per cent growth in constant currency (CC) revenue in Q4FY19. 

A quick analysis of companies that have announced results thus far (till May 6) reveals that 16 companies on the BSE, which includes Sterlite Technologies, Deepak Nitrite,