Q1FY20 Analysis: Companies that posted turnaround

Companies have started reporting their quarterly results for the quarter ending June 2019. We have considered the companies in which turnaround was seen in terms of profitability in the June 2019 quarter. So far, 48 companies have delivered turnaround in which they have earned a net profit in this quarter as against net loss in June 2018 quarter.

Of these, here are 10 companies having a market cap of above Rs. 2000 crore showing a turnaround in profitability.


(Source : Ace Equity)

Still, not all companies have reported their June quarter results. It will be interesting to see how many and which of them show a turnaround in terms of profits.