ICICI Securities’ Vinod Karki notes FY25 corporate losses hit a cycle low, with profit growth exceeding nominal GDP. Q4 results beat muted expectations, driven by cyclical sectors like real estate and auto, while FMCG and IT faced disappointments. Global uncertainty impacts the outlook for globally exposed companies, but commodities are recovering from being an earnings drag.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets