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Nifty50 firms' combined net profit seen rising 25% in third quarter

Metal and mining firms expected to lead earnings growth

Topics
Nifty50 | stock markets | Q3 results

Krishna Kant  |  Mumbai 



Nifty50, nifty
In all, 33 index companies of the 50 are expected to report YoY rise in earnings in Q3FY22

The Street is betting on another quarter of strong earnings growth from India's top listed companies, led by metal and mining, oil and gas, and banking, financial services and insurance (BFSI) companies. Manufacturers and consumer goods companies are, however, expected to face another quarter of margin contraction and decline in earnings. The information technology (IT) services exporters, such as Tata Consultancy Services, Infosys, and Wipro, are likely to maintain their growth momentum, but could face margin decline as operating expenses run ahead of revenue growth.

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First Published: Tue, January 11 2022. 06:05 IST

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