Nifty 50 companies likely to post gradual recovery in December quarter

 


The year-on-year revenue growth of Nifty 50 companies for the December quarter is expected to remain in the single digits for the seventh consecutive quarter. In contrast, net profit, which grew in single digits in the previous two quarters, is anticipated to see double-digit growth, driven by select companies in the banking, capital goods, finance, healthcare, and pharma sectors.

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