“If you followed rigorous accounting norms, you could have even seen negative growth in quite a few companies’ earnings.On reported numbers, corporate earnings could grow 10-12% at best this year. But I would advise investors not to be misled by reported earnings. Net profit can be anything, EPS can be anything, but free cash flows don’t lie. Check the free cash flow, and you will know the financial health of the company. Cash is king, P&L is just an opinion,” says Anil Singhvi, Chairman of Ican Investment Advisors
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