16: Dec quarter earnings unlikely to show any signs of green shoots
All Things Markets
English - January 09, 2020 09:11 - 12 minutes - 11.6 MB - ★★★★★ - 1 ratingNews Commentary News industry news fmcg construction stocks banking rbi bse aadani financial news financials Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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An earnings recovery may continue to elude Indian companies in the December quarter due to weak sales growth, muted demand and, tight liquidity. However, cost control measures are expected to lead to an uptick in margins, while profits could be held up by the corporate tax cuts announced in September, says Rahul Singh, chief investment officer-equities at Tata AMC in an interview to Mint.