The total profits of a sample set of companies selected torepresent the overall market increased 74% YOY(excluding non-recurring gains) to Rs.69,357 Mn inFY10/11 (9 months) from Rs.39,881 Mn in FY09/10 (9months). Results of 15 companies out of them were for 12months (FY 10).
Hotels & Travels recorded the highest profit growth(927%). Although Healthcare sector posted 901% profitgrowth, excluding exceptional gains it stood at 297%.
Bank, Finance and Insurance, Diversified andTelecommunication were the other sectors which witnessednon-recurring gains/losses. Excluding the effect of thoseitems the earnings growth rates were 28%, 36% and 805%respectively.
Banks, Finance and Insurance, Diversified and Beverage,Food and Tobacco were the sectors which contributedmostly to the profit figures in absolute terms.