Growth momentum in corporate earnings still steady – NDB Stockbrokers

The total profits of a sample set of companies selected to represent the overall market increased 74% YOY (excluding non-recurring gains) to Rs. 69,357 million in FY10/11 (9 months) from Rs. 39,881 m in FY09/10 (nine months). Results of 15 companies out of them were for 12 months (FY 10).