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via economictimes.indiatimes.comMarkets

46 companies may wipe out up to 84% of Q2 profits despite expected earnings growth

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and capital goods are among sectors facing pressure, highlighting the uneven…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishUneven Q2 earnings in India: while average growth expected at 22%, many companies face significant declines.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01At least 46 companies expected to report double-digit profit declines in Q2.
  2. 02Motilal Oswal projects 22% earnings growth for its coverage universe.
  3. 03Autos, cement, healthcare, consumer and capital goods sectors facing significant pressure.

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