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Pace of earnings downgrades picks up with cost inflation, demand slowdown | Economic Times

Pace of earnings downgrades picks up with cost inflation, demand slowdown https://ift.tt/ZlMAWme sectors, oil & gas, healthcare, PSU banks, and consumer durables have seen the biggest earnings downgrades. Earnings per share estimates for the Nifty in FY23 have seen an increase of 0.12% to ₹882. In FY22, the Nifty delivered an EPS of ₹733, a growth of 35.2% year-on-year, the highest since FY04.
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