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Nifty companies reported a 4% year-on-year profit growth in Q2, marking the second consecutive quarter of single-digit growth, driven by SBI, Hindalco, ONGC, ICICI Bank, and Axis Bank. However, underperformance from BPCL, JSW Steel, and others offset gains, with consumption and asset-quality stress in BFSI sectors noted as weak spots. FY25 earnings projections have been downgraded by 7%, with a mere 5% growth expected, the weakest since FY20.
Hindalco
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Nifty reports single-digit earnings growth for second consecutive quarter
JSW Steel Limited
BPCL
Bharti Airtel Limited
Axis Bank Limited
Reliance Industries Limited
Hindalco
Trent
Tech Mahindra Limited
Asian Paints Limited
IndusInd Bank Limited
Tata Motors Limited
Coal India Limited
ICICI Bank Limited
SBI
ONGC
UltraTech Cement Limited
IND
ICICI Bank
Axis Bank
Hindalco
SBI
ONGC
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09:58 17.11.2024
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