InvestorQ : How do you see the revenues and profits story coming out of the Q4 results till date?
Arusha Ray made post

How do you see the revenues and profits story coming out of the Q4 results till date?

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1 month ago
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Due to more time offered by SEBI to announce results this quarter, only about 150 out of the NSE 500 companies have announced results till date. You can see that sales revenues are up 20.7% in the Mar-21 quarter with volumes and price support. Interestingly, the other income component is up 79% on a yoy basis. Even o sequential basis, the sales revenues are up by 13.7% so despite the pressures in March due to lockdowns, the top line is growing.

Let me turn to profits. Net profits overall are up 33.7% on a yoy basis and this is largely driven by a 11.4% fall in interest outgo due to a steep fall in the borrowing costs. That also partially offset higher input costs in most industries. It does look like profits peaked out in the Dec-20 quarter as net profit is down -3.8% on a sequential basis.

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