Many companies have delivered strong results this Q4 - our results dashboard shows that out of the declared Q4 results, 523 were positive and 384 negative. Companies saw a total revenue growth of 8.8% and total operating profit growth of 16.7% YoY. 

The top industries in terms of net profit growth year on year for Q4 have been Fertilizers and Banks. Companies such as National Fertilizers recorded strong growth in Q4 in the fertilizer industry. Among Banks, DCB Bank topped the list of banks in revenue growth, while Federal Bank was top in net profit growth (both YoY)

The biggest winner among industries in terms of revenue growth has been Other Agri Products - which include companies such as Gujarat Ambuja Exports and Agro Tech Foods. Four out of six companies in this industry saw positive results. Industrial Machinery is yet another industry that has been an outperformer - among whom are companies like GMM Pfaulder, which has delivered its investors with an 84% increase in returns on share price over the last year. 

The Sensex has as a result, seen a strong upswing with investors having realized that the demonetization impact played itself out in Q3, without significant long-term effects. In addition, a weakening El Nino indicates that the monsoons will be better than expected, boosting rural demand and agri growth in the coming quarters.