Q4FY22: A Mixed Bag of Opportunities!

As the earnings season gains momentum, investors will be eyeing quarterly results to gauge the future trajectory of stock markets at the beginning of the new financial year. Armaan Madhani analyses Q4FY22 results, highlighting the hits and misses while the DSIJ Research Team decodes the sector-wise performance of the current earnings season

- Armaan Madhani

The period of Q4FY22 was a turbulent roller-coaster ride, full of ups and downs for the Indian equity markets. During the January to March quarter, the markets made their way through several diverse headwinds such as the pandemic-led restrictions, the Union Budget, US Federal Reserve asserting their plans of going on a spree to hike interest rates, unprecedented geopolitical tensions between Russia and Ukraine, multi-year surge in global commodity prices, crude oil boiling to a 10-year high of USD 120 per barrel, supply chain issues, surging inflation and multiple rounds of price hikes by companies across sectors to safeguard margins.

As the earnings season picks up steam in this highly volatile market, investors and analysts look forward to take stock of the financial results being announced by companies for the quarter ended March 31, 2022 and decode the trends that come to light. Despite forecasts of strong margin pressures for companies across the board, analysts and investors by and large expect performance to be buoyant, which is expected to drive stock-specific action in the markets. Let us delve deeper to analyze the Q4FY22 earnings of early bird companies that have declared their results and discern the preview for companies yet to declare their results.

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