Page 17 - India Inc Earnings

Big Four accounting firms make $4 bn from India biz; expand into consulting

The Big Four have overhauled their operations over the past few years to gain a wider share in the high-demand advisory and technology services firms

TMS Ep537: Work from home, stubble burning, markets, personal guarantees

Has 'work from home' reached its end? Why are measures to control stubble burning failing? What are markets expecting from Q2 earnings? What are personal guarantees? All answers here

India Inc raises 4.6 times more capital via QIP in H1FY24, shows data

Equity issuance in the first half reached Rs 73,747 crore, marking a 69 per cent increase year-on-year

India Inc's financial health moderates in H1FY24, may dip marginally in H2

India Inc's financial health measured by the credit ratio, or the proportion of rating upgrades to downgrades, moderated in the first half of current fiscal year and is set to dip marginally further in the second half, Crisil Ratings said on Tuesday. Crisil, which rates 6,500 companies, however, made it clear that the credit ratio will stay above 1 going forward as well, which means the number of upgrades will outpace the downgrades. In April-September FY24, there were 443 upgrades as compared to 232 downgrades, the agency said, adding that the credit ratio moderated to 1.91 from 2.19 in the preceding six months. It said the upgrades are much higher than the decadal average, but the downgrades are inching up lately, largely due to difficulties faced by export-linked sectors due to slowing growth in the world. Crisil's Managing Director Gurpreet Chhatwal said the moderation in the first half was along expected lines, and the government's infrastructure push and spending are helping

India Inc set for board refresh as grandfathering period ends soon

About 400 independent director posts at 198 companies are required to be replenished by March 2024

India Inc continues to remain heavily import-dependent for inputs

Growth in forex revenue continues to lag increase in forex expenses

Festive season gifting: India Inc turns to wellness and sustainability

India Inc is set to add the much-needed glimmer to the season by going all out on gifting

India Inc's leverage to stablise; refinancing risk to remain low: Moody's

Agency's report on non-finance entities says earnings growth will be a function of lower prices of key commodities

Chandrayaan-3 has landed on the Moon, but where are India Inc's moonshots?

The 12-fold jump in India's national income in dollar terms over the past three decades has been largely a product of labour-cost advantage over the West

Top headlines: Gangwal to sell IndiGo shares, India Inc's Q1 result review

Business Standard brings you the top headlines at this hour

India Inc's Q1 result review: Margin boost cushions slower revenue growth

India Inc's combined quarterly net profit rose 47% to a record Rs 3.36 trn; net sales were up just 5%

Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat

Closing Bell on August 7: Among sectors, Nifty Healthcare, Nifty Pharma, and Nifty IT indices emerged as the top leaders, gaining up to 2 per cent

Top headlines: India Inc profit surges 65%, world entering green energy era

Business Standard brings you the top headlines at this hour

ICICI Bank's re-rating to be gradual, say analysts; see up to 36% upside

ICICI Bank Q1FY24 results: At the bourses, shares of ICICI Bank hit a new 52-week high of Rs 1,008 on the BSE, rising 1 per cent in the intra-day trade

India Inc sees revenue growth moderation for 4th straight quarter to 6-8%

India Inc is set to report a 6-8 per cent slowdown in revenue growth in the April-June period, making it the fourth straight quarter of a dip in the key number, an arm of rating agency Crisil said on Tuesday. However, from a profitability perspective, corporate India is set to report an increase in margins to 20 per cent as against 19.6 per cent in the year-ago period, due to softness in the commodity prices, Crisil Market Intelligence and Analytics said in a note. Moderation in the revenue growth will be on the back of low realizations and a high base, it said. The revenue growth will be 2 percentage points lower than the one observed in the preceding January-March quarter, it said, adding that this will be the first time in eight quarters that the listed companies will show a sequential decline in revenue growth. After an analysis of 300 companies from 47 sectors, excluding financial services and oil and gas, the report said 14 sectors are likely to witness a fall in revenue whil

Been more surprised with the rise in global markets: Andrew Holland

"The markets may have run up recently, but we do not believe it to be an irrational exuberance bubble"

Not the time to cash out of this market rally: Nirav Sheth of Emkay Global

India's macroeconomic fundamentals are resilient, with growth/inflation dynamics better than those of many developed markets

Nifty FY24 earnings growth at 20% to outperform most Asian peers: Jefferies

Among sectors, Jefferies expects the consumer discretionary and staples sectors to see a margin expansion of 2.4 / 0.7ppt in FY24.

India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up

Commodity firms' bottomline taking a hit primary reason