Business
Add as a preferred source on GoogleThe third-quarter scorecard shows that beating analyst forecasts did not mean earnings growth was uniform: year-over-year results varied across the financial companies counted.
The scorecard found that 87% of participating financial companies topped EPS forecasts. Its separate year-over-year comparison showed mixed earnings growth.
The scorecard’s beat rate and its growth finding reflect different comparisons: results against forecasts and earnings against the equivalent period last year.
The company also reported a 53% increase in EBITDA, while Mint reported a Nov. 9 share-price high.
Revenue from operations rose to Rs 2,755.87 crore, and the order balance increased 16% to Rs 14,250 crore.
The order backlog grew 12% to ₹47,034 crore, while revenue from operations rose 17% to ₹5,734 crore.
