Brokerages snip Nifty EPS growth estimates after disappointing Q2

Further revisions for FY25, FY26 likely if Q2 show continues to disappoint

Analysts are scaling back earnings growth projections for Nifty 50 companies as the September 2024 quarter (2QFY25) results season fell short of expectations.

 

The consensus earnings per share (EPS) growth forecast for the Nifty 50 has been slashed from 10 per cent to a modest 2.5 per cent, with analysts now predicting that index firms will close FY25 with an EPS of Rs 1,000, marginally up from FY24’s Rs 977. Just a month prior, the consensus FY25 EPS estimate was near Rs 1,100.

 

Following the latest earnings season, FY26 EPS forecasts have also dropped, currently at Rs 1,143 compared to