Nifty companies likely to see 29% surge in Q4 corporate earnings

Rise in combined net profit likely to be led by banks, oil & gas companies, and Tata Motors

Brokerages expect another quarter of high double-digit growth in the earnings of the country’s top companies that are part of the benchmark Nifty50 index. According to brokerage estimates, the combined net profit of the companies in the index is expected to grow by 29.1 per cent year-on-year (YoY) in the January-March 2022 quarter (Q4FY22) to an all-time high of Rs 1.61 trillion, from around Rs 1.25 trillion a year ago.

Growth in corporate earnings should be led by cyclical sectors — such as banking, finance and insurance (BFSI), and oil & gas — and Tata Motors that is expected to report