Its earnings seasons going on and a total of 44 companies are slated to announce their Q1FY22 financials on Thursday (July 22, 2021). The list includes companies from Cement space Heidelberg; Entertainment space- Saregama, Radiocity; IT companies like Persistent Systems; from the financial space companies like CSB Bank, IIFL Securities, Can Finance Home, ICICI General Insurance, Maharashtra Bank and other important entities like Mphasis, Wockhardt Pharma, Rane Engineering, Bajaj Holding and Bajaj Auto will announce their earnings tomorrow.
Until now a total of 146 companies have declared their results and a majority of them i.e. 113 are said to be revealing a positive set of numbers, while 29 companies have come up with negative results and there is neutral view on the rest 4 companies.
Furthermore, revenue growth has been reported to be by 21% while total operating profit has also gone up by 19.7%.