 "Q4 results")
Investors are an optimistic lot as March 2020 quarter (Q4FY21) results season gets underway. The economy is showing signs of recovery. There was good earnings growth in Q3FY21, though revenue growth was marginal. There will be a low base effect in Q4, as the last 10 days of March 2020 (usually among the busiest because of the fiscal ending) was hit by the lockdown. So, there should be enhanced year-on-year (YoY) revenue and earnings growth.
High frequency data is giving mixed signals. But overall, these indicate recovery continues. GST collection at Rs 1.23 trillion was up for March 2021; manufacturing and
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