After 4 years of excessive double-digit development in earnings, company earnings of Indian firms hit a pace bump within the April-June quarter of 2024 (Q1FY25), resulting in the chance of a downward revision in India Inc revenue estimates for FY25 and volatility within the fairness market.
Earnings development slowed regardless of firms in most non-financial sectors reporting increased working margins from decrease commodity costs and a decline in curiosity prices.
Sectorally, the earnings slowdown was largely led by oil & gasoline firms, non-bank lenders, fast-moving shopper items, cement and iron & metal corporations. By comparability, banks, automotive firms,
