Q2 Earnings Preview - Entering The Season On High Note: IDBI Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..IDBI Capital Report.We expect Q2 FY22 earnings season to be strong on revenue growth on YoY basis but margin pressure to be there due to surge in costs across industries. Economic indicators have been healthy and point to sustained pick up in the economic activity in Q2 FY22. And thus we are not overtly concerned on the expected performance but yes growth rate could be plateauing from Q2 FY22. Nifty 50 has delivered 13% return in Q2 FY22 driven by improved sentiment from vaccination pick up, policy announcement (production linked incentive, telecom, monetisation pipeline) and good rainfall. We are entering the earning season on high note, and consensus is currently modeling Nifty 50 earnings per share to increase by 40%/11% YoY for FY22E/23E..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Q2 Earnings Preview - Entering The Season On High Note: IDBI Capital

Q2 Earnings Preview - Entering The Season On High Note: IDBI Capital

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