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Indian firms' Q1 earnings growth likely at 7-qtr high

Mint Mumbai

|

July 10, 2023

Banking and automobile sectors are seen to be leading drivers of overall profits

- Ujjval Jauhari

Indian firms' Q1 earnings growth likely at 7-qtr high

Indian companies are expected to deliver their strongest earnings growth in seven quarters, as declining input costs bolster profitability.

While banks and automobile sectors are seen to be leading drivers of overall profits in the June quarter, several more sectors are expected to contribute to the earnings momentum.

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