Q3 earnings preview: Worst may be behind, but are we in for a stellar show?
Live MintIndian corporates have reported subdued quarterly earnings in the current financial year. According to brokerage firm JM Financial, 45 per cent of companies within its coverage universe missed earnings estimates. According to the estimates of brokerage firm Antique Stock Broking, Nifty 50 companies, excluding financial, telecom, cement and commodity, may report revenue, EBITDA and PAT growth of 10 per cent, 8 per cent and 6 per cent year-on-year, respectively, in Q3FY25. "BFSI, export-oriented sectors, and lifestyle sectors like hotels, travel and consumer discretionary are expected to deliver robust earnings growth in Q3FY25," said Porwal. "Value fashion and retail have continued to surprise on the positive, and we believe this trend could continue, leading to an upgrade in earnings estimates," Parakh said.