November 11, 2024
admin
Q2 results reveal a cautious economic climate with many companies, particularly in chemicals and FMCG, reporting weaker-than-expected earnings.
Analysis from JM Financial on 157 companies, out of its coverage universe of 275, indicates mixed results across sectors. Nearly half of the companies missed earnings expectations, suggesting a challenging economic environment.
According to JM Financial, in the Q2 results so far, 44% of companies (69 companies) underperformed, missing analyst estimates, while 41% (65 companies) exceeded forecast.
