How To Read ‘Quarterly Results’ Of Companies?
October 07, 2021
Analysis
/ Business
Important things to keep in mind. Importance of Quarterly Results Firstly, let us understand the importance of ‘Quarterly Results’. The shareholders of the company have put their hard-earned money into the company. So, they must know about the affairs of the company. However, they can not have access to the books of accounts of the company. This is because only and only the management of any company can access the books. Hence, to give a snapshot of a company’s financial performance, listed companies are required to publish ‘Quarterly Results’, which are available in the public domain. Also, before we start the details, one must have a basic understanding of ‘Financial Year’ and ‘Quarters’. A financial year normally starts from 1st April and ends on 31st March the following year. This is divided into 4 equal periods, each one is a ‘Quarter’, consisting of 3 months. Q-1 is a period from 1st April to 30th June, Q-2 is a period from 1st July to 30th September, Q-3 is a p...