BSE Sensex constituents April-June earnings seen flat
Analysts expect the strongest earnings growth for energy, healthcare and consumer staples.
July 09, 2013 / 14:16 IST
Aggregate net profit for BSE Sensex constituents is expected to grow by 1.5 percent and revenue by 3.85 percent for the April-June quarter, according to a median estimate of 12 brokerages.
Also read: What Nomura expects from Infosys, Wipro, TCS, HCL Tech Q1Earnings from the first quarter of a new fiscal year that begins this week when
Infosys Ltd unveils its June-quarter results on July 12.
Analysts expect the strongest earnings growth for energy, healthcare and consumer staples.
Materials, industrials and consumer discretionary are expected to see the biggest fall in earnings.
The earnings season comes at a time when the BSE Sensex has given up all its gain for 2013 as of Monday's close. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!