itemscope itemtype="http://schema.org/WebSite"> Q1 results review: Early-bird net profit growth slowest in 7 quarters | Company Results - Best Freelancing Services

Q1 results review: Early-bird net profit growth slowest in 7 quarters | Company Results

Q1 results review: Early-bird net profit growth slowest in 7 quarters | Company Results


The early-bird results for the April-June quarter of 2024 (Q1FY25) hint at a slowdown in corporate revenues and profits in FY25. Corporate profits might face headwinds from a continued revenue growth slowdown and a reversal in margin gains from lower commodity and energy prices in FY24.


The combined net profit (adjusted for exceptional gains and losses) of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period – their worst showing in seven quarters. These companies’ combined net profit was up 45.1 per cent year-on-year (Y-o-Y) in

First Published: Jul 22 2024 | 12:21 AM IST

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