How is Nifty Q2 Report Card looking?

For Nifty, 22 companies have declared their Q2 FY 19-20 numbers till 23rd Oct 2019. Below table shows brief analysis of how those numbers stand on PAT (Profit After Taxes) and PAT Margins basis.

Of 22 companies, only 5 Companies saw decline in their profit margins since Dec 18 quarter. Of which Wipro and HCL Tech saw some improvement in their margins since last quarter.

Only 2 companies, Larsen & Toubro and Hindustan Unilever saw margins expansion QoQ for each of the last 4 quarters.

On Profit after Taxes front, for 4 Companies, Profits declined since Dec 18 quarter and for 8 companies Profits declined on QoQ basis.

Hindustan Unilever Limited is the only company where profits as well as profit margins grew consistently for 4 consecutive quarters.

Overall its been a decent quarter for most of these companies on the performance basis.