The fourth quarter of financial year 2021-22 (FY22) has been a difficult period for India Inc. as it was marred by a number of headwinds such as rising inflation, steep rise in input costs and supply disruptions brought on by the Russia-Ukraine offensive.
The trouble has been mirrored by the equity markets as reflected in their underperformance this year and the correction from their October, 2021 highs. The Nifty50 and the Sensex are around 3 per cent down from last year’s peaks.
WATCH VIDEO: Will rising interest rates and muted corporate earnings dampen FY23?
WATCH VIDEO: Will rising interest rates and muted corporate earnings dampen FY23?
Despite the current challenges, analysts expect