Nifty-500 clocks highest earnings growth in 8 quarters is drawing significant interest across the industry.
During the quarter, total sales stood at around Rs 36 lakh crore, while EBITDA and adjusted profit after tax came in at about Rs 8 lakh crore and Rs 4 lakh crore, respectively. The report highlighted that commodities were at the forefront of earnings growth. The oil & gas sector recorded a 38 per cent jump in profits, while metals saw 34 per cent growth on a softer base.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
Source: Original →