Cyclical Sectors Drive India Inc.’s Performance In Q4

Even as the effect of demonetisation is fading in the economy, India Inc.'s performance of Q4FY17 is likely to be in line with its dynamics of the previous quarter. The two-wheelers, real estate and consumer goods segments are recovering. However, export-driven sectors such as information technology and pharmaceuticals are likely to record a muted output. Whereas the telecom sector is likely to exhibit the impact of aggressive pricing.

The leading brokerage agencies are expecting most of the companies to report a year-on-year net profit growth in the range of 12 to 17% or 21 to 30%, similar to the growth witnessed in the preceding quarter.

Further, the Nifty companies are expected to grow at 15% or 12 to 14% in topline and bottomline in Q4FY17.

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