Corporate earnings slow to multi-quarter lows in Q1 as banking, consumer durables weigh

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Indian companies experienced a slowdown in revenue and profit growth during the June quarter, hitting multi-quarter lows due to weak performance in banking, consumer durables, and capital goods sectors. While some sectors like cement and hospitality showed double-digit profit growth, overall operating margins contracted.

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Corporate earnings slow to multi-quarter lows in Q1 as banking, consumer durables weigh

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