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Despite covid woes, profits of Indian firms hit a six-year high

India economy crisis Waves
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companies in the last quarter of financial year 2021 reveals dramatic improvement in some operations following a long period of earnings recession.A Mint analysis of 475 listed companies showed that net sales and net profit, after adjusting for a one-time profit or loss, were at over a 25-quarter, or six-year high in Q4FY21.

Net sales of the companies grew 25.71% year-on-year in the quarter, compared to a fall of 8.64% in the corresponding quarter of last financial year, and rose 10.95% compared to the previous three months.

Adjusted net profit climbed 117.44% year-on-year in the March quarter compared to a fall of 28.33% in Q4FY20, and rose 61.86% from the December quarter of FY21.

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United States
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India
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Recovered: 0
Brazil
Brazil
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Deaths: 608 235
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United Kingdom
United Kingdom
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Deaths: 141 607
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Russia
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Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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