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Earnings growth for BSE 100 to hit double-digits for 2005 to 2007: Reutersnews
28 March 2006


Mumbai: The projected earnings growth rate for the BSE 100 companies for fiscal year 2005-06 expected to be is 27.63 per cent, compared to the 2004-05-growth rate of 29.1 per cent. For the fiscal year 2006-07, earnings are expected to rise by 11 per cent.

This is revealed in the latest analysis for the top BSE 100 companies by Reuters Estimates for the top BSE 100 companies put out by Reuters (LSE: RTR; Nasdaq: RTRSY).

This report contains aggregated forecast information from industry analysts, including the latest bottom up earnings and revenue estimates data and sector projections. Bottom-up estimates represent a weighted average of analysts' consensus forecasts, calculated by Reuters to be consistent with the 100 companies by market capitalisation.

Reuters Estimates are an aggregation of market estimates and provide forecast information on companies around the world. It includes consensus, data, estimates and actual analysts recommendations, target prices and long-term growth rates, broker and analyst information. It uses up to 20 financial measures including revenue, profit, EBITDA, EPS and cash flow, annual and interim data, forecasted and historical periods and a history of estimate revisions.

"Reuters is the only global information provider that makes bottom-up projections for the Indian markets," says Alex Hungate, managing director, Reuters, Asia. "Investors in Indian stock markets can get exclusive access to a biweekly analysis of the top Indian stocks and sectors from Reuters," adds Hungate on Reuters Estimates.

The analysis reveals that for the fiscal year 2005-06:

  • Basic materials and industrial sectors are expected to show the largest year-over-year earnings gains — 101 per cent and 83 per cent, respectively,.

    Note: These are aggregated estimates. Reuters does not accept any liability for any actions taken in reliance on these estimates



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Earnings growth for BSE 100 to hit double-digits for 2005 to 2007: Reuters