A basis point is 0.01percentage point.March quarter performance will be crucial, in that it will offer cues about the future pace of growth. Maruti Suzuki may report double-digit earnings growth led by better volume and higher average realisation. On average, volumes of large-sized cement companies are expected to fall 4-11% in the quarter while net profit is expected to drop 10-20%.The performance of FMCG companies is expected to recover following the demonetisation-impacted December quarter. Companies increased prices and cut discounts as the severity of the cash swap faded through the quarter. NTPC will report marginal sales growth with generation increasing 6% in the fourth quarter.

Source: Economic Times April 09, 2017 20:19 UTC