The India Inc. Quarterly results season is kick started by Infosys on 10th Jan’20, as on 18th Jan’20 out of 4248 companies, 92 companies declared their quarterly performance.
Net sales/income grew 1.80% on QoQ basis i.e. Rs. 246719.50 Crores reported as a net sales/income for the period Oct-Dec’19 as compared with Jul-Sep’19, it was Rs.24217.10 Crores.
Likewise, the Net profit marginally up by 1.30% on QoQ basis with a net profit of Rs.37119.50 Crores, as against the net profit during Q2 was at Rs.36640.20 Crores.
Year on Year basis the Net profit grew at 14.30% when compared with the same period last year i.e. Dec 2018.