Sumary of Q4 may see highest revenue growth for India Inc:
- After several quarters of negative to low revenue growth, India Inc could expect a double-digit expansion as the results for the quarter ended March 2021 (Q4FY21) start rolling out in a few days..
- This sharp rise in revenues and profit would be due to a low base, supportive demand environment and strong cost reductions since the pandemic started a year ago, analysts said..
- “There has been a recovery across sectors led by higher volumes and commodity prices, although consumer discretionary services, such as airline services and media, continue to tread water..
- However, some softening of earnings momentum is likely in FMCG, cement and domestic auto owing to rising input price pressures,”…