A tougher test
Brokerages broadly expect metals and mining, banks, consumer durables and export-oriented auto companies to lead the Q2FY27 earnings season, supported by rising global commodity prices, resilient domestic discretionary demand and a recovery in two-wheeler exports to Latin America, Africa and Asia. However, a low base is also likely to amplify the growth figures, as profit growth was sluggish in last year’s September quarter, noted Nuvama Institutional Equities.
