India Inc on course to report robust performance in Q4 on low base


Net revenue of RIL elevated by 129.1% year-on-year to Rs 14,995 crore in the March quarter.

Synopsis

Analysts anticipate the momentum to proceed in the March quarter. Motilal Oswal Financial Services anticipates a wholesome performance regardless of headwinds of commodity value inflation.

ET Intelligence Group: The preliminary pattern for the March 2021 quarter displays a robust year-on-year performance on anticipated traces aided by low base in the corresponding quarter of the earlier 12 months. Net gross sales of a pattern of 191 firms which have declared outcomes in every of the previous 13 quarters elevated by a seven-quarter excessive of 12.7% after a drop in every of the earlier 4 quarters. Net revenue shot up by 50% in contrast with a fall of 23.1%

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