Quarterly Financial Results: Positive Trend for Majority of Companies

Oct 27 2024 09:00 AM IST
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The financial results for the Sep-2024 quarter have been announced, with 649 stocks reporting their performance. The trend over the last four quarters has been positive, with 52.0% of companies reporting positive results. Large cap companies have shown the highest proportion of positive results at 57.0%, followed by mid cap at 53.0% and small cap at 47.0%. The top performers in each category include Inox Wind, T R I L, and Arvind SmartSp. Overall, C D S L has been the top performer in the last 24 hours, with a positive financial performance and high growth in net sales, PBDIT, PBT LESS OI, operating cash flow, and PAT. Upcoming results to watch out for include Suzlon Energy, Gillette India, and Bharti Airtel.
The financial results for the current quarter have been declared, with a total of 649 stocks announcing their performance for the Sep-2024 quarter. The trend over the last four quarters has shown a positive proportion, with 52.0% of companies reporting positive results for the Sep-2024 quarter, followed by 49.0% for Jun-2024, 51.0% for Mar-2024, and 50.0% for Dec-2023.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 57.0%, followed by mid cap at 53.0% and small cap at 47.0%. The top performers in each category include Inox Wind in the renewable energy sector for large cap, T R I L in the capital goods sector for mid cap, and Arvind SmartSp. in the real estate sector for small cap.

Overall, the top performers for the current quarter are Inox Wind in the renewable energy sector for large cap, T R I L in the capital goods sector for mid cap, and Multi Comm. Exc. in the finance/NBFC sector for small cap. In the last 24 hours, 25 results have been declared, with the top performer being C D S L in the finance/NBFC sector.

C D S L has seen a positive financial performance for the Sep 2024 quarter, with a score of 29, compared to 31 in the last 3 months. The company's net sales have shown the highest growth at Rs 322.26 crore, with a growth rate of 55.45%. Its PBDIT and PBT LESS OI have also shown significant growth, with the highest values at Rs 199.80 crore and Rs 188.44 crore respectively. The company's operating cash flow for the year has also been the highest at Rs 385.94 crore, while its PAT stands at Rs 162.03 crore.

Upcoming results to look out for include Suzlon Energy, Gillette India, and Bharti Airtel, all of which are set to announce their performance on 28 Oct 24. Stay tuned for more updates on the financial performance of these companies.

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