Q4 Results are out! As the Nifty 50 companies line up to disclose their performance report, we bring you a summary of their results along with the schedule of the results to come.
Nifty 50 Companies FY16 Results for the year ended March 31, 2016
The Standouts:
- IndusInd Bank saw their Revenue grow 21.5% with a Net profit growth of 27.5%
- Yes Bank with a 26.6% rise in Net Profits!
- TCS and Maruti did fantastically well with 22.4% and 24% jump in Net Profits!
- Nifty 50 companies cumulative Revenue declined 4.7% while the Net Profit grew 14.3%
Nifty 50 Companies FY16 Results for the quarter ended March 31, 2016
This is just 12/50 – and the big guys who generally seem to lose money will announce only later. Let’s watch and see how ICICI Bank results come out.
Disclaimer
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.
