Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Previous peak in 2010 crossed in first five-and-a-half months this year.
Analysts refuse to read too much into the early birds numbers.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
Experts expect the trend to continue in the near term.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
This was even as the country's economy grew by 7.3%.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
The index is more expensive than it was at 2014-end or when it hit a life-time high in January.
The BSE Realty Index is on a downhill journey.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Analysts say there is still no visibility of earnings improvement.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
There, however, has been an improvement in operating margins.
Through the past 12 months, the Bank Nifty has risen 55%
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Sales expansion also down 4.4%
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
A full-blown recovery remained elusive for India Inc in the July-September quarter, even as it overcame the challenge of achieving profitable growth.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15
Lower IT exports will raise India's dependence on capital flows to fund imports.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
The growth premium India enjoyed has largely been lost.
In India, bond yields have fallen nearly 70 basis points in the last one year.
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Higher crude oil prices also translate into better corporate earnings for India's top companies
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