scorecardresearchQ1 Earnings Review: These 5 Nifty50 stocks posted 40-92% fall in net profit

Q1 Earnings Review: These 5 Nifty50 stocks posted 40-92% fall in net profit

Updated: 31 Aug 2023, 08:47 AM IST
TL;DR.

June quarter earnings came in strong and beat Street expectations led by BFSI and auto while metals dragged. Still, the upgrade to downgrade ratio was a bit unfavorable for FY24E. Let's take a look at 5 stocks that underperformed and posted 40-92% decline in their PAT.