Corporate India comes up with stellar performance, ends Q1 on a high note

Companies posted stellar growth in revenue and profit in the June quarter at the aggregate level, springing back from the low base of the year-ago quarter, which was marred by a strict lockdown amid the first wave of the pandemic. Companies posted stellar growth in revenue and profit in the June quarter at the aggregate level, springing back from the low base of the year-ago quarter, which was marred by a strict lockdown amid the first wave of the pandemic.
However, profitability was under pressure due to rising input costs.In addition, the sequential performance in the June quarter was affected by regional lockdowns due to the second wave. Analysts expect the demand scenario to improve in the coming quarters amid the festive season and rising.