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  • Business Today

    SPRINT TO FINISH

    Apr 29, 2021 4 minutes
    BY NITI KIRAN
    ILLUSTRATION BY RAJ VERMA

    As of India Inc’s January-March quarter results for FY21 trickle in, early birds bring good tidings of robust earnings momentum. Companies look set for a strong show in Q4 on a low base in the previous fiscal. How-ever, the recent surge in infections and sporadic curbs by states could prove to be a dampener for the earnings story in FY22.

    IT bellwether Tata Consultancy Services (TCS) kicked off the fourth-quarter earnings season on April 12 with a 14.9 per cent year-on-year growth in consolidated net profit and a 9.4 per cent increase in topline. Infosys and Wipro followed with double-digit growths in consolidated profits at

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