earnings: India Inc likely to sustain good earnings show in Q2

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Operating margin may shrink by 80 basis points to 20.5% from the year earlier, given rising input costs. However, this will differ across sectors.

Synopsis

The companies in the Nifty 50 are expected to sustain their revenue and net profit growth momentum in the September quarter, driven by sectors such as information technology (IT), metals and energy. According to ETIG estimates, the aggregate revenue for the sample is expected to increase by 28.9% year-on-year compared with the 8.2% drop in the year-ago quarter.

The companies in the Nifty 50 are expected to sustain their revenue and net profit growth momentum in the September quarter, driven by sectors such as information technology (IT), metals and energy. According to ETIG estimates, the aggregate revenue for the sample is expected to increase by 28.9% year-on-year compared with the 8.2% drop in the year-ago quarter. Net profit may rise by 32.3% on top of the 45.8% increase a year ago. Quarterly

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