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Turnaround stories: These 25 firms swung to profit in the December quarter

Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis

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Going ahead, most analysts now caution against the rising commodity prices, which they feel can dent the fragile economic recovery and fortunes of India Inc

SI Reporter New Delhi

3 min read Last Updated : Feb 23 2021 | 11:56 AM IST

As the economy rebounded following the Covid led-lockdown, India Inc also staged an impressive show in the December 2020 quarter (Q3FY21). Festive season-led buying, cost-cutting measures and lower raw material costs came to the fore to boost corporate earnings, beating analysts' expectations.

A quick analysis of the BSE 500 companies shows that there are 25 firms that reported a turnaround performance during the period under review – swinging from loss to profit – as compared to the previous corresponding period. The list includes some of the prominent names such as Adani Green Energy, Bharti Airtel, Bank of Baroda, Lupin, Steel

Topics : Markets Q3 results India Inc earnings BSE Sensex BSE 500 stocks corporate earnings Adani Green Energy Bharti Airtel Bank of Baroda Blue Dart Express

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