India Inc earnings slow down in Q1FY25 despite operating margin gains | News on Markets

itemscope itemtype="http://schema.org/WebSite"> India Inc earnings slow down in Q1FY25 despite operating margin gains | News on Markets – Best Freelancing Services

Business corporate, corporate crisis, corporate earnings bestfreelancingservices.in 15 August 2024 0 Comments

India Inc earnings slow down in Q1FY25 despite operating margin gains | News on Markets

5 min read Last Updated : Aug 16 2024 | 12:02 AM IST

After four years of high double-digit growth in profits, corporate earnings of Indian companies hit a speed bump in the April-June quarter of 2024 (Q1FY25), leading to the risk of a downward revision in India Inc profit estimates for FY25 and volatility in the equity market.

Earnings growth slowed despite companies in most non-financial sectors reporting higher operating margins from lower commodity prices and a decline in interest costs.

Sectorally, the earnings slowdown was largely led by oil & gas companies, non-bank lenders, fast-moving consumer goods, cement and iron & steel firms. By comparison, banks, automotive companies,

Tag corporate corporate crisis corporate earnings

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