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via economictimes.indiatimes.comMarkets

Double-digit growth in Q2 corporate scoreboard, but banks, IT and pharma lag

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

September quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with net profit increasing by 27.5%, surpassing the previous quarter. However, banking, IT, and pharmaceuticals sectors experienced a slow down…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAggregate data shows solid profit growth, with slowdowns concentrated in some key sectors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Revenue rose 22.1% and net profit rose 27.5%.
  2. 02Banking, IT and pharmaceuticals experienced slower growth.
  3. 03Analysts expect 13 of 18 sectors to deliver double-digit sales growth.

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