neutral
Recently
Nifty 50 revenue rises while profits remain flat in December quarter
Nifty 50 firms posted strong revenue growth in Q3, but profit pressure from costs and margins kept earnings largely flat.
Nifty 50
companies reported aggregate revenue of Rs 6.15 lakh crore
during the December quarter, marking 9.63 percent year on year growth. Gross
profit rose 5.88%, while net profit slipped marginally by 0.23
% to Rs 82,648 crore. Analysts linked softer
profitability to margin compression, elevated interest costs, and uneven sector
performance across industries during earnings season as investors assessed
balance sheets carefully nationwide.