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Tepid top line starts to reflect on India Inc's profit growth: Analysts

Business Standard LogoBusiness Standard8h ago

Tepid top line starts to reflect on India Inc's profit growth: Analysts - Business Standard

Quick Summary:

However, this divergence is now converging, with analysts stressing an urgent need for a resurgence in top-line growth to sustain bottom-line improvements.

A recent note by Emkay Global Financial Services points to a sharp increase in negative earnings surprises.

However, unlike today, earnings growth in 2000 was also supported by robust top-line performance.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 19:40:30 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22141090

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 264 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #49

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