Early birds herald result season with good tidings

Jan 21 2013, 13:20 IST
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A strong set of numbers from technology firms have given India Inc a flying start this earnings season. (Reuters) A strong set of numbers from technology firms have given India Inc a flying start this earnings season. (Reuters)
SummaryA strong set of numbers from technology firms have given India Inc a flying start this earnings season.

the bottom line this time around is that there’s virtually no contribution from other income. Other income was higher by just 6% y-o-y whereas it rose more than 35% y-o-y in each of the three preceding quarters. Surprisingly, tax outflows are up just 10% y-o-y against the 13% y-o-y increase in the September quarter.

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