Net profits of Sensex companies may drop 2% in Q1FY17

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Published: July 8, 2016 6:05:07 AM

In the three months to June this year, net profits of Sensex companies are likely to drop 2% y-o-y and sales would grow by 4%, according to a report from Kotak Institutional Equities Research.

In the three months to June this year, net profits of Sensex companies are likely to drop 2% y-o-y and sales would grow by 4%, according to a report from Kotak Institutional Equities Research.

Sector-wise, banking, automobiles, telecom, energy, metals & mining are likely to report decline in net profits.

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