Profit and revenue for Sensex firms declined 10.9% and 7.3%, respectively, in the March quarter, as per an Edelweiss note. Photo: Aniruddha Chowdhury/Mint

Corporate earnings in June quarter may extend slump

Optimistic brokerages predict a small profit for Sensex companies; TCS to kick off earnings reports on 9 July
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Profit was helped by corporate demand for loans and services even as the US lender kept costs under check
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