Q4 Earnings: Top-line growth, cost cut drive earnings; metals pack, IT firms turn in stellar numbers

Thanks to strong top-line growth and hefty cost cutting, India Inc’s profits have surged in the three months to March.

The huge boost to the bottom line has come from better performances by the metals pack with Tata Steel, and Vedanta which gained from both better volumes and rising prices; net sales at Tata Steel jumped 39% year-on-year nudging Rs 50,000 crore.