Corporate scorecard

It’s almost certain now that corporate India will report a very small increase in profits, for the three months to June 2011, relative to that in recent quarters. Data mined from a fairly well-diversified sample shows that while volumes are growing and there is selective pricing power, the high cost of inputs is hurting. As such, for a clutch of 668 companies (excluding banks and financials) the top line has grown at a strong 26% y-o-y, better than it did in the March 2011 quarter.

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