Demonetisation impact on BSE firms’ December quarter results
Friday, March 24, 2017, 10:58 AM
Indian companies kept their eyes on the ball and did fairly well in the December quarter, despite the upheaval caused by the November ban on old, high-value banknotes. While sales volumes in some sectors were hurt, a number of companies made up by tightening their belts. Net profit of Sensex companies rose 0.8% year-on-year, after adjusting for exceptional gains and losses.