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Reputation: 642,681  •  Jul 26, 2023 4:11 PM
Taking stock: Q1 operating earnings of Nifty cos 3% below estimates so far; IT, FMCG top laggards
Taking stock: Q1 operating earnings of Nifty cos 3% below estimates so far; IT, FMCG top laggards
Excluding financials and commodity, combined revenue, EBITDA and profit after tax (PAT) growth reported by these Nifty50 companies stood at 11%, 11% and 12% YoY, respectively, in 1QFY24. While revenue estimates are in line with Antique's expectation, EBITDA and PAT have missed estimates by 3% and 4%, respectively.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/earni...
#ULTRACEMCO #HCLTECH #RELIANCE #JSWSTEEL #KOTAKBANK

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NSE:ULTRACEMCO price when posted: 8,430.9
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