Automobile sector had an impressive show during the quarter with sales growth of 16% and profits of 13% as per data available with BSE. The results have been dragged down by Tata Motors which declared its results yesterday. Profit margin for the sector stood at 8%, significantly better than 6.9% for March’16 quarter and average … Continue reading Results Analysis – Automobile Industry..
It is turning out to be a good quarter for Corporate India in terms of financial performance for quarter ended June’16. Most of the companies have reported an improvement in profits. Among the major companies, Maruti Suzuki reported 23% increase in profits to Rs 1,486 crore aided by sales growth of 12%. Both ACC, Ambuja … Continue reading Weekly Round Up – Week 30