Demand revival

Corporate results show growth momentum continues

An examination of the company results for Q4FY24 (January-March 2024) indicates corporate growth recovery continues with some margin expansion. However, banks and financials have contributed a high proportion of overall profits, and many of the large public-sector enterprises (PSEs) that dominate the energy sector have not released results yet. So trends in certain key sectors may not be readily apparent. Overall, 1,040 listed companies with a cutoff of minimum sales of Rs 1 crore in Q4FY24 have reported results. They have reported 10 per cent growth in net sales, 21 per cent rise in earnings before interest, tax, depreciation, and