India Inc Earnings

Interest rate hikes, global slowdown, stubborn inflation pose risk

Though sales surged 15.1% YoY in Q4, the growth was slower sequentially

The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better

Stock market's momentum will be guided by ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said.

The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.

According to Jefferies, Infosys's growth will be impacted by seasonal softness, although deal ramp-ups should help drive 3.7 per cent quarter-on-quarter (QoQ) CC revenue growth

Historically, there is a negative correlation between the bond yield and India Inc's interest cost.

With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said

The agency said that rising consumption, push for domestic manufacturing and benign funding conditions will support new investments

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Banks, oil & gas, metal firms lead 46.4% rise in profit in Q2

September quarter results were a mixed bag for India Inc. While the combined net profit of consumer goods companies declined, profits for financials and commodity producers rose sharply

Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday

The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent

Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each

Of late, Benchmark indices have been on a record-breaking run.

Higher commodity prices, continued revival in demand for consumer discretionary products likely lifted corporate revenue 18-20% on-year to Rs 8.2 trn in the second quarter of this fiscal, says study

Most brokerages are pencilling in double-digit growth in net profit and revenue for TCS, led by improvement in demand from BFSI, healthcare and retail, acceleration in digital technologies.

The Q2 earnings season of FY22 is kicking off this week. We take a look at what to expect from India Inc in Q2 of FY22, the sectors that can shine, and how investors can play the earnings season