Results have been in line with expectations: Dilip Bhat

In a chat with ET Now, Dilip Bhat, Jt MD, Prabhudas Lilladher, talks about overall markets trend and Q1 earnings. Excerpts:

What did you make of the numbers that have come in till now? How do you view the results season so far? Are you happy with what you see?

By and large they have been quite okay, nothing to be really disturbed about. It is more or less in line with what people thought it is going to be like as what we said, for the full year we are still talking about. For the Nifty, profit growth of something like 25% and if you were to take some of the heavyweights like Infosys, maybe Infosys disappointed a little but TCS, Wipro on the IT pack continued to be pretty good. In the automobile sector, Maruti was good but there was a negative surprise as far as the royalty payment was concerned. On the capital goods and the engineering side, there is some amount of disappointment, but if you were to really bunch it quarter wise, probably they would not meet up to the expectations. So by and large if you ask me, yes the results have been good in line with what the analysts were expecting.