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Indian companies see strong rebound in earnings, with revenue and profits up significantly in Q3 2024.
Around 4,000 Indian listed companies saw a strong rebound in earnings before interest, tax, depreciation, and amortization (EBITDA) in the October-December quarter of 2024, following two quarters of decline.
Revenue grew by 6.2%, and EBITDA and profit after tax increased by about 11% and 12%, respectively, compared to the same period last year.
The State Bank of India (SBI) report attributes this improvement to better consumer sentiment and higher discretionary spending across sectors.
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Las empresas indias ven un fuerte repunte de las ganancias, con ingresos y beneficios en el tercer trimestre de 2024.